# PPP loan: SOUTHERN MARYLAND VOCATIONAL INDUSTRIES, INC.
> **$1.30M** approved 04/15/2020 · Paid in Full · Loan `9648557108`
## Borrower
- **Name:** SOUTHERN MARYLAND VOCATIONAL INDUSTRIES, INC.
- **Address:** 7704 MATAPEAKE BUSINESS DR SUITE 210, BRANDYWINE, MD, 20613
- **NAICS:** 623990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $14K
- **Mortgage interest:** $5K
- **Utilities:** $20K
- **Health care:** $40K
- **Jobs reported:** 191
## 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*