# PPP loan: STEPHENSON MARKETING COOPERATIVE
> **$315K** approved 04/13/2020 · Paid in Full · Loan `5000357106`
## Borrower
- **Name:** STEPHENSON MARKETING COOPERATIVE
- **Address:** 410 W South Drive, STEPHENSON, MI, 49887-8835
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Jobs reported:** 50
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*