# PPP loan: STEGER POWER CONNECTION INC
> **$213K** approved 04/29/2020 · Paid in Full · Loan `1979007301`
## Borrower
- **Name:** STEGER POWER CONNECTION INC
- **Address:** 994 JEFFERSON STREET, FALL RIVER, MA, 02721
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 18
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*