# PPP loan: BLUMER & STANTON, INC.
> **$160K** approved 04/15/2020 · Paid in Full · Loan `2052487206`
## Borrower
- **Name:** BLUMER & STANTON, INC.
- **Address:** 5112 Georgia Avenue, WEST PALM BEACH, FL, 33405
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Utilities:** $40K
- **Jobs reported:** 18
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*