Stanmar Inc.

$1,487,500 PPP Loan in Wayland, Massachusetts

Loan Details

Loan Number
5343458306
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$1,487,500
Current Approval
$1,487,500
Forgiveness Amount
$1,506,052
Forgiveness Date
Apr 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Stanmar Inc.
Address
321 Commonwealth Rd Ste 201
ZIP Code
01778-5039
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
122
Estimated Revenue
$139.0M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$1,487,497
Utilities
$1

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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