PPP Loan information for Stem inc.

$68,320

Stem inc. was initially approved for PPP Loan of amount $68,320, the current approved amount is $68,320. The loan was approved on 01/29/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 11 jobs and $68,320 was used to fund payroll.

Stem inc. is Existing or more than 2 years old

STEM INC.

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STEM INC.

Borrower Address

1103 Acushnet Ave

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02746-1901

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68320.00

Current Approval Amount

68320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02746-1901

CD

MA-09

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68315.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68645.69

Forgiveness Date

07/30/2021

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