# PPP loan: CLEAR STONE DEVELOPMENT, INC.
> **$316K** approved 04/06/2020 · Paid in Full · Loan `6376657007`
## Borrower
- **Name:** CLEAR STONE DEVELOPMENT, INC.
- **Address:** 3510 HARTSEL DR, COLORADO SPRINGS, CO, 80920-4165
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Mortgage interest:** $39K
- **Utilities:** $40K
- **Jobs reported:** 36
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*