# PPP loan: STATELY CONSTRUCTION, INC.
> **$247K** approved 04/10/2020 · Paid in Full · Loan `1870737108`
## Borrower
- **Name:** STATELY CONSTRUCTION, INC.
- **Address:** 1293 FOWLER CREEK RD, SONOMA, CA, 95476-6231
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $62K
- **Jobs reported:** 18
## Lender
- **Originating:** Redwood CU
- **Servicing:** Redwood CU (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*