# PPP loan: STONE AND SONS ELECTRICAL CONTRACTORS, INC
> **$1.08M** approved 04/13/2020 · Paid in Full · Loan `4947707102`
## Borrower
- **Name:** STONE AND SONS ELECTRICAL CONTRACTORS, INC
- **Address:** 2530 QUEENSTOWN RD, BIRMINGHAM, AL, 35210-4444
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 123
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*