# PPP loan: PREMIER MANAGEMENT CORP
> **$1.40M** approved 02/12/2021 · Charged Off · Loan `7890088409`
## Borrower
- **Name:** PREMIER MANAGEMENT CORP
- **Address:** 8894 Stanford Blvd Ste 405, Columbia, MD, 21045-4752
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $341K (24%)
- **Forgiveness date:** 08/11/2022
- **Status:** Charged Off
- **Term:** 172 months
## Use of funds
- **Payroll:** $1.40M
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*