# PPP loan: STATE CONTRACTORS INC
> **$338K** approved 02/24/2021 · Paid in Full · Loan `3606268508`
## Borrower
- **Name:** STATE CONTRACTORS INC
- **Address:** 16575 W Dakota St, New Berlin, WI, 53151-3639
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $337K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*