# PPP loan: STALMIC DISTRIBUTORS, INC.
> **$189K** approved 04/14/2020 · Paid in Full · Loan `6212987103`
## Borrower
- **Name:** STALMIC DISTRIBUTORS, INC.
- **Address:** 1268 GA Hwy 57, TOWNSEND, GA, 31331
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 19
## Lender
- **Originating:** Southeastern Bank
- **Servicing:** Southeastern Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*