# PPP loan: STEVENS CABINETS INC
> **$5.00M** approved 04/05/2020 · Paid in Full · Loan `5254357008`
## Borrower
- **Name:** STEVENS CABINETS INC
- **Address:** 704 WEST MAIN ST, TEUTOPOLIS, IL, 62467-1212
- **NAICS:** 337212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.00M
- **Initial approval:** $5.00M
- **Forgiven:** $5.05M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.90M
- **Rent:** $60K
- **Utilities:** $40K
- **Jobs reported:** 498
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*