# PPP loan: STENERSON BROS. LUMBER COMPANY
> **$350K** approved 04/09/2020 · Paid in Full · Loan `9903807000`
## Borrower
- **Name:** STENERSON BROS. LUMBER COMPANY
- **Address:** 1702 1ST AVE N, MOORHEAD, MN, 56560-2304
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $6K
- **Utilities:** $25K
- **Health care:** $44K
- **Jobs reported:** 34
## Lender
- **Originating:** FM Bank
- **Servicing:** FM Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*