# PPP loan: STILIAN ELECTRIC INC.
> **$421K** approved 02/14/2021 · Paid in Full · Loan `8944718409`
## Borrower
- **Name:** STILIAN ELECTRIC INC.
- **Address:** 20 Aegean Dr Ste 3, Methuen, MA, 01844-1580
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $423K (100%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*