# PPP loan: STERMAN MASSER INC
> **$2.86M** approved 04/03/2020 · Paid in Full · Loan `4375447002`
## Borrower
- **Name:** STERMAN MASSER INC
- **Address:** 2 FEARNOT RD, SACRAMENTO, PA, 17968-9528
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.86M
- **Initial approval:** $2.86M
- **Forgiven:** $2.90M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.86M
- **Jobs reported:** 250
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*