# PPP loan: STAT FIRE SPRINKLER INC
> **$926K** approved 04/15/2020 · Paid in Full · Loan `8798397109`
## Borrower
- **Name:** STAT FIRE SPRINKLER INC
- **Address:** 889 S. 2nd Street, RONKONKOMA, NY, 11779-0001
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $926K
- **Initial approval:** $926K
- **Forgiven:** $934K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $741K
- **Rent:** $185K
- **Jobs reported:** 79
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*