# PPP loan: KARON MASONRY OF MARYLAND, INC.
> **$6.01M** approved 05/05/2020 · Paid in Full · Loan `1972737403`
## Borrower
- **Name:** KARON MASONRY OF MARYLAND, INC.
- **Address:** 9030 Maier Road, Laurel, MD, 20723-1368
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.01M
- **Initial approval:** $6.01M
- **Forgiven:** $3.10M (52%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.01M
- **Jobs reported:** 400
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*