# PPP loan: STAGGERS, HEARE & WHITEMAN, P.A.
> **$435K** approved 04/15/2020 · Paid in Full · Loan `9080857100`
## Borrower
- **Name:** STAGGERS, HEARE & WHITEMAN, P.A.
- **Address:** 11801 Upper Potomac Industrial Park Street, Cumberland, MD, 21502
- **NAICS:** 621340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $71K
- **Utilities:** $1K
- **Health care:** $40K
- **Jobs reported:** 36
## 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*