# PPP loan: STONECREST 1511 LLC
> **$272K** approved 04/15/2020 · Paid in Full · Loan `2154207204`
## Borrower
- **Name:** STONECREST 1511 LLC
- **Address:** 7708 Rea Road, CHARLOTTE, NC, 28277-2579
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $109K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 56
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*