PPP Loan information for The stone agency inc

$426,032

The stone agency inc was initially approved for PPP Loan of amount $426,032, the current approved amount is $426,032. The loan was approved on 04/28/2020 by The First Horizon Bank reported 21 jobs and $426,032 was used to fund payroll.

The stone agency inc is Existing or more than 2 years old

THE STONE AGENCY INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE STONE AGENCY INC

Borrower Address

3906 WAKE FOREST RD

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609-6867

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426032.00

Current Approval Amount

426032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-6867

CD

NC-02

Jobs Reported

21

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

392032.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430458.00

Forgiveness Date

05/19/2021

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