# PPP loan: NORTHERN STONE, INC.
> **$232K** approved 04/03/2020 · Paid in Full · Loan `4390817004`
## Borrower
- **Name:** NORTHERN STONE, INC.
- **Address:** 1126 Main Ave, FARGO, ND, 58103-1755
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $93K
- **Rent:** $40K
- **Mortgage interest:** $20K
- **Utilities:** $15K
- **Health care:** $25K
- **Debt interest:** $39K
- **Jobs reported:** 25
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*