# PPP loan: PHILLIP M STERN AND CO
> **$265K** approved 01/25/2021 · Paid in Full · Loan `5241138303`
## Borrower
- **Name:** PHILLIP M STERN AND CO
- **Address:** 1901 51st St Apt 1A, Brooklyn, NY, 11204-1331
- **NAICS:** 541219
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 23
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*