# PPP loan: PRESIDENTIAL SERVICE INDUSTRIES INC.
> **$177K** approved 03/12/2021 · Paid in Full · Loan `9050638502`
## Borrower
- **Name:** PRESIDENTIAL SERVICE INDUSTRIES INC.
- **Address:** 9101 Cherry Ln Ste 111, Laurel, MD, 20708-1150
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 50
## 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*