# PPP loan: STANGENES INDUSTRIES, INC.
> **$1.41M** approved 05/18/2020 · Paid in Full · Loan `8467477409`
## Borrower
- **Name:** STANGENES INDUSTRIES, INC.
- **Address:** 1052 E MEADOW CIR, PALO ALTO, CA, 94303-4230
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Jobs reported:** 165
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*