# PPP loan: SANDLER SYSTEMS INC.
> **$1.02M** approved 03/12/2021 · Paid in Full · Loan `9511968500`
## Borrower
- **Name:** SANDLER SYSTEMS INC.
- **Address:** 300 Red Brook Blvd Ste 400, Owings Mills, MD, 21117-5147
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (100%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 62
## 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*