# PPP loan: PALMER BROTHERS PAINTING CONTRACTORS INC.
> **$805K** approved 01/31/2021 · Paid in Full · Loan `9893338308`
## Borrower
- **Name:** PALMER BROTHERS PAINTING CONTRACTORS INC.
- **Address:** 8121A Piney Branch Rd, Silver Spring, MD, 20910-4698
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $805K
- **Initial approval:** $805K
- **Forgiven:** $812K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $805K
- **Utilities:** $1
- **Jobs reported:** 53
## 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*