# PPP loan: STONE INSURANCE INC
> **$438K** approved 04/15/2020 · Paid in Full · Loan `1619727203`
## Borrower
- **Name:** STONE INSURANCE INC
- **Address:** 111 VETERANS MEMORIAL BLVD STE 1420, METAIRIE, LA, 70005
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $429K (98%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $43K
- **Utilities:** $13K
- **Health care:** $31K
- **Debt interest:** $1K
- **Jobs reported:** 41
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*