# PPP loan: KO STONE INC
> **$1.52M** approved 01/22/2021 · Exemption 4 · Loan `4119988302`
## Borrower
- **Name:** KO STONE INC
- **Address:** NEW BOSTON ST, WOBURN, MA, 01801
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.29M (85%)
- **Forgiveness date:** 02/14/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 105
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*