# PPP loan: PESSIN KATZ LAW, P.A.
> **$1.71M** approved 04/14/2020 · Paid in Full · Loan `7854367101`
## Borrower
- **Name:** PESSIN KATZ LAW, P.A.
- **Address:** 901 Dulaney Valley Rd Suite 500, TOWSON, MD, 21204
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $214K
- **Utilities:** $46K
- **Debt interest:** $17K
- **Jobs reported:** 97
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*