SANFORD, NC
As part of the Paycheck Protection Program STI POLYMER INC was approved for a loan.
The Paycheck Protection Program (PPP) was designed to provide a direct incentive for small businesses to keep their workers on the payroll. It ended in August 2020, but a new PPP bill is being considered.
| Loan Amount | $1,012,400 |
| BusinessName | STI POLYMER INC |
| Address | 5618 CLYDE RHYNE DR |
| City | SANFORD |
| State | NC |
| Zip | 27330 |
| NAICSCode | 325520 |
| BusinessType | Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 70 |
| DateApproved | 04/15/2020 |
| Lender | Truist Bank d/b/a Branch Banking & Trust Co |
| CD | NC-06 |
| BusinessName.clean | STI POLYMER |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including: + Small businesses that met SBA’s size standards + Sole proprietors, independent contractors, and self-employed persons
More info about the PPP is available from the Small Business Administration.
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