# PPP loan: POWELL RECOVERY CENTER, INC.
> **$2.48M** approved 04/09/2020 · Paid in Full · Loan `8994847001`
## Borrower
- **Name:** POWELL RECOVERY CENTER, INC.
- **Address:** 14 S Broadway, BALTIMORE, MD, 21231-1712
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.52M (102%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.48M
- **Jobs reported:** 242
## 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*