# PPP loan: BOLAND TRANE ASSOCIATES, INC.
> **$635K** approved 04/06/2020 · Paid in Full · Loan `5974417000`
## Borrower
- **Name:** BOLAND TRANE ASSOCIATES, INC.
- **Address:** 30 West Watkins Mill Road, Gaithersburg, MD, 20852-4004
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $226K (36%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $635K
- **Jobs reported:** 37
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*