# PPP loan: STOCKWELL ENGINEERS INC
> **$611K** approved 05/01/2021 · Paid in Full · Loan `6059448910`
## Borrower
- **Name:** STOCKWELL ENGINEERS INC
- **Address:** 801 N Phillips Ave Ste 100, Sioux Falls, SD, 57104-1621
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $613K (100%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $611K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** The First National Bank in Sioux Falls
- **Servicing:** The First National Bank in Sioux Falls (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*