# PPP loan: STAMCO INDUSTRIES INC
> **$307K** approved 03/12/2021 · Paid in Full · Loan `1086148601`
## Borrower
- **Name:** STAMCO INDUSTRIES INC
- **Address:** 26650 Lakeland Blvd, Euclid, OH, 44132-2644
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*