# PPP loan: STEFFES & SON MANUFACTURING, I
> **$6.43M** approved 04/03/2020 · Paid in Full · Loan `4379807000`
## Borrower
- **Name:** STEFFES & SON MANUFACTURING, I
- **Address:** 3050 Highway 22 North, DICKINSON, ND, 58601-9413
- **NAICS:** 333132
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.43M
- **Initial approval:** $6.43M
- **Forgiven:** $4.22M (66%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.25M
- **Mortgage interest:** $35K
- **Utilities:** $150K
- **Jobs reported:** 500
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*