# PPP loan: STC AVIATION INC
> **$208K** approved 04/07/2020 · Paid in Full · Loan `6945407003`
## Borrower
- **Name:** STC AVIATION INC
- **Address:** 1544 45TH AVE SE, SAINT CLOUD, MN, 56304-8548
- **NAICS:** 488119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $214K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Health care:** $16K
- **Jobs reported:** 23
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*