Stanmar, INC

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

Loan Details

Loan Number
6518547005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,487,500
Current Approval
$1,487,500
Forgiveness Amount
$1,506,755
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stanmar, INC
Address
321 Commonwealth Rd
ZIP Code
01778-5005
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$88.9M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$1,487,500

Lender Information

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

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