# PPP loan: STEPHENS MACHINE INC
> **$812K** approved 01/21/2021 · Paid in Full · Loan `3058768307`
## Borrower
- **Name:** STEPHENS MACHINE INC
- **Address:** 1600 Dodge St, Kokomo, IN, 46902-2407
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $812K
- **Initial approval:** $812K
- **Forgiven:** $818K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $812K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Community First Bank of Indiana
- **Servicing:** Community First Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*