# PPP loan: STAMCO INDUSTRIES INC.
> **$332K** approved 04/13/2020 · Paid in Full · Loan `5000547104`
## Borrower
- **Name:** STAMCO INDUSTRIES INC.
- **Address:** 26650 Lakeland Blvd, EUCLID, OH, 44132-2644
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 33
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*