# PPP loan: JUBILEE ASSOCIATION OF MARYLAND, INC.
> **$2.13M** approved 04/15/2020 · Paid in Full · Loan `8385367102`
## Borrower
- **Name:** JUBILEE ASSOCIATION OF MARYLAND, INC.
- **Address:** 10408 Montgomery Avenue, Kensington, MD, 20895
- **NAICS:** 623210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.16M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Rent:** $15K
- **Mortgage interest:** $4K
- **Utilities:** $35K
- **Health care:** $125K
- **Jobs reported:** 271
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*