# PPP loan: STOETT INDUSTRIES INC
> **$219K** approved 04/13/2020 · Paid in Full · Loan `4710267103`
## Borrower
- **Name:** STOETT INDUSTRIES INC
- **Address:** 600 DEFIANCE AVE, HICKSVILLE, OH, 43526
- **NAICS:** 332311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 20
## Lender
- **Originating:** The Sherwood State Bank
- **Servicing:** The Sherwood State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*