# PPP loan: STAVO INDUSTRIES, INC.
> **$676K** approved 04/15/2020 · Paid in Full · Loan `8372657107`
## Borrower
- **Name:** STAVO INDUSTRIES, INC.
- **Address:** 132 Flatbush Avenue, Kingston, NY, 12401
- **NAICS:** 333999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $682K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Rent:** $11K
- **Mortgage interest:** $13K
- **Utilities:** $67K
- **Health care:** $62K
- **Debt interest:** $8K
- **Jobs reported:** 59
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*