Loans Issued BY Stearns Bank National Association

Loan Amount Company Name Location Lender
$350K-1M MAKAR EYECARE LLC Anchorage , AK Stearns Bank National Association
$2-5M HILGARTWILSON, LLC Phoenix , AZ Stearns Bank National Association
$2-5M INTERSTATE MECHANICAL CORPORATION Phoenix , AZ Stearns Bank National Association
$2-5M NORTH COUNTRY HEALTHCARE INC Flagstaff , AZ Stearns Bank National Association
$2-5M RESNICK AND LOUIS PC Scottsdale , AZ Stearns Bank National Association
$2-5M SAM LEVITZ FURNITURE COMPANY, INC Tucson , AZ Stearns Bank National Association
$2-5M SPECTRUM DERMATOLOGY, PLLC Scottsdale , AZ Stearns Bank National Association
$1-2M TEJ INC Peoria , AZ Stearns Bank National Association
$1-2M VALLEY PERINATAL SERVICES LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M ASSIST ENTERPRISES Tempe , AZ Stearns Bank National Association
$350K-1M BAUMAN LOEWE WITT & MAXWELL PLLC Scottsdale , AZ Stearns Bank National Association
$350K-1M BLUE SIGNAL, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M CROWN HOTELS, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M DALLAS PROFESSIONAL PAINTING, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M GOULD STAFFING, INC Scottsdale , AZ Stearns Bank National Association
$350K-1M JJ HOLMES, LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M KDL INVESTMENTS LLC Mesa , AZ Stearns Bank National Association
$350K-1M LEGER INVESTMENTS INC. Phoenix , AZ Stearns Bank National Association
$350K-1M NEW CRESCENT INVESTMENTS, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M OB SPORTS GOLF MANAGEMENT CP LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M OCTAVIAN SECURITY AMERICAS, LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M PET RESORTS INC Mesa , AZ Stearns Bank National Association
$350K-1M SALT RIVER EXTRACTION, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M SR PHILADELPHIA LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M STONE CANYON BUFFALO GOLF LLC Scottsdale , AZ Stearns Bank National Association
$350K-1M THREE PHASE ELECTRIC, L.L.C. Phoenix , AZ Stearns Bank National Association
$350K-1M TOM NICHOLS EXCAVATING, INC. Phoenix , AZ Stearns Bank National Association
$350K-1M TRINITY LUTERAN CHURCH AND SCHOOL Litchfield park , AZ Stearns Bank National Association
$350K-1M TRUE BLUE HOLDINGS, LLC Phoenix , AZ Stearns Bank National Association
$350K-1M VITO'S PIZZA AND RISTORANTE, LLC Mesa , AZ Stearns Bank National Association
$150K-350K ABLA LLC Tempe , AZ Stearns Bank National Association
$150K-350K ALVIN PATEL HOLDINGS LLC Flagstaff , AZ Stearns Bank National Association
$150K-350K AZ ILLINI INC Chandler , AZ Stearns Bank National Association
$150K-350K BAJA JOE'S LLC Mesa , AZ Stearns Bank National Association
$150K-350K BARRIO CAFE INC Phoenix , AZ Stearns Bank National Association

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.