# PPP loan: STERNDRIVE ENGINEERING, INC.
> **$372K** approved 04/04/2020 · Paid in Full · Loan `4747527004`
## Borrower
- **Name:** STERNDRIVE ENGINEERING, INC.
- **Address:** 115 S Forest Lakes Blvd, OLDSMAR, FL, 34677-3028
- **NAICS:** 423910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 40
## Lender
- **Originating:** Flagship Bank
- **Servicing:** Flagship Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*