# PPP loan: STANLEY & SONS INC
> **$2.40M** approved 05/03/2020 · Paid in Full · Loan `5328797701`
## Borrower
- **Name:** STANLEY & SONS INC
- **Address:** 3 CARL ST, NEWTON, MA, 02461-1905
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.40M
- **Initial approval:** $2.40M
- **Forgiven:** $2.40M (100%)
- **Forgiveness date:** 07/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.40M
- **Jobs reported:** 119
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*