# PPP loan: STEARNS WHARF COMPANY
> **$527K** approved 03/05/2021 · Paid in Full · Loan `6997378506`
## Borrower
- **Name:** STEARNS WHARF COMPANY
- **Address:** 220 Stearns Wharf, Santa Barbara, CA, 93101-3571
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $527K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*