# PPP loan: HASPEL, MCLEOD & DRAWBAUGH, PC
> **$223K** approved 04/15/2020 · Paid in Full · Loan `8370417101`
## Borrower
- **Name:** HASPEL, MCLEOD & DRAWBAUGH, PC
- **Address:** 141 West Patrick Street, First Floor, Frederick, MD, 21701
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $10K
- **Utilities:** $640
- **Health care:** $17K
- **Jobs reported:** 11
## 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*