# PPP loan: STONE EQUIPMENT COMPANY, INC.
> **$258K** approved 04/06/2020 · Paid in Full · Loan `6133657002`
## Borrower
- **Name:** STONE EQUIPMENT COMPANY, INC.
- **Address:** 210 WEST BLVD, MONTGOMERY, AL, 36108-1608
- **NAICS:** 423810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $13K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Health care:** $13K
- **Debt interest:** $13K
- **Jobs reported:** 22
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*