# PPP loan: BUSY DITCH INC.
> **$316K** approved 04/15/2020 · Paid in Full · Loan `8464417102`
## Borrower
- **Name:** BUSY DITCH INC.
- **Address:** 7840 Cessna Ave. STE C, GAITHERSBURG, MD, 20879
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $79K
- **Jobs reported:** 26
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*