# PPP loan: STEPHENSON & BROOK COMPANY, INC.
> **$272K** approved 04/07/2020 · Paid in Full · Loan `6681207008`
## Borrower
- **Name:** STEPHENSON & BROOK COMPANY, INC.
- **Address:** 86 Highland Avenue, SALEM, MA, 01970-2715
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 18
## Lender
- **Originating:** The National Grand Bank of Marblehead
- **Servicing:** The National Grand Bank of Marblehead (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*