# PPP loan: WILLARD J. STEARNS & SONS, INC.
> **$256K** approved 04/28/2020 · Paid in Full · Loan `8062797206`
## Borrower
- **Name:** WILLARD J. STEARNS & SONS, INC.
- **Address:** 50 Stearns Road, STORRS MANSFIELD, CT, 06268-2701
- **NAICS:** 112120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 40
## Lender
- **Originating:** Dime Bank
- **Servicing:** Dime Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*