# PPP loan: SAM DESANTO CO., INC.
> **$248K** approved 04/15/2020 · Paid in Full · Loan `8055747106`
## Borrower
- **Name:** SAM DESANTO CO., INC.
- **Address:** 14628 Rothgeb Dr. Gude Dr., Rockville, MD, 20850
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $15K
- **Utilities:** $2K
- **Health care:** $16K
- **Debt interest:** $999
- **Jobs reported:** 19
## 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*