# PPP loan: STOKES EQUIPMENT COMPANY
> **$1.13M** approved 02/20/2021 · Paid in Full · Loan `2525398505`
## Borrower
- **Name:** STOKES EQUIPMENT COMPANY
- **Address:** 1001 Horsham Rd, Horsham, PA, 19044-1326
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*