# PPP loan: STEMAK HOLDINGS. LTD.
> **$602K** approved 04/10/2020 · Paid in Full · Loan `2530707108`
## Borrower
- **Name:** STEMAK HOLDINGS. LTD.
- **Address:** 13910 POWAY RD, RAMONA, CA, 92065-4808
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $602K
- **Initial approval:** $602K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Rent:** $70K
- **Mortgage interest:** $28K
- **Utilities:** $16K
- **Health care:** $30K
- **Jobs reported:** 51
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*