# PPP loan: STEPHENS MACHINE, INC
> **$252K** approved 04/12/2020 · Paid in Full · Loan `4160447103`
## Borrower
- **Name:** STEPHENS MACHINE, INC
- **Address:** 1600 Dodge St, Kokomo, IN, 46902-2407
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $268K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 20
## 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*