# PPP loan: STONE MOUNTAIN TECHNOLOGIES, INC.
> **$234K** approved 04/13/2020 · Paid in Full · Loan `5148237101`
## Borrower
- **Name:** STONE MOUNTAIN TECHNOLOGIES, INC.
- **Address:** 609 WESINPAR RD, JOHNSON CITY, TN, 37604-2628
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $44K
- **Utilities:** $15K
- **Jobs reported:** 15
## Lender
- **Originating:** Mountain Commerce Bank
- **Servicing:** Mountain Commerce Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*