# PPP loan: STURM HEATING, INC.
> **$650K** approved 04/10/2020 · Paid in Full · Loan `1641747107`
## Borrower
- **Name:** STURM HEATING, INC.
- **Address:** 1112 N NELSON ST, SPOKANE, WA, 99202-6107
- **NAICS:** 238220
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $650K
- **Initial approval:** $750K
- **Forgiven:** $566K (87%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $650K
- **Jobs reported:** 70
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*