# PPP loan: STG ASSET MANAGEMENT, INC.
> **$625K** approved 04/06/2020 · Paid in Full · Loan `6214827007`
## Borrower
- **Name:** STG ASSET MANAGEMENT, INC.
- **Address:** 1304 Southpoint Blvd., Suite 280, PETALUMA, CA, 94954-1302
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Rent:** $100K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*