# PPP loan: KOONTZ MASONRY INC
> **$313K** approved 04/30/2020 · Paid in Full · Loan `5578377304`
## Borrower
- **Name:** KOONTZ MASONRY INC
- **Address:** 3066 HAPPY HILL RD, LEXINGTON, NC, 27295-2181
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 30
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*