# PPP loan: KENTLANDS JOINT VENTURE, LLC
> **$300K** approved 04/15/2020 · Paid in Full · Loan `8701397103`
## Borrower
- **Name:** KENTLANDS JOINT VENTURE, LLC
- **Address:** 705 Center Point Way, Gaithersburg, MD, 20878
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Rent:** $35K
- **Utilities:** $12K
- **Health care:** $5K
- **Jobs reported:** 26
## 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*