# PPP loan: STOLAR CONSTRUCTION, INC.
> **$245K** approved 04/15/2020 · Paid in Full · Loan `8123827109`
## Borrower
- **Name:** STOLAR CONSTRUCTION, INC.
- **Address:** 6990 A O'Connor Drive. Hanover, MD 21076, MD, 21076
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $13K
- **Utilities:** $6K
- **Debt interest:** $6K
- **Jobs reported:** 19
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*