# PPP loan: STEERE ENGINEERING INC.
> **$431K** approved 04/27/2020 · Paid in Full · Loan `6074207202`
## Borrower
- **Name:** STEERE ENGINEERING INC.
- **Address:** 2350 POST ROAD, RI, RI, 02886
- **NAICS:** 541330
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 27
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*