# PPP loan: STOKES INVESTMENT INC.
> **$156K** approved 04/14/2020 · Paid in Full · Loan `6418357108`
## Borrower
- **Name:** STOKES INVESTMENT INC.
- **Address:** 400 STATE HIGHWAY 15, NEW ALBANY, MS, 38652-6103
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $118K
- **Rent:** $9K
- **Mortgage interest:** $4K
- **Utilities:** $24K
- **Jobs reported:** 34
## Lender
- **Originating:** BNA Bank
- **Servicing:** BNA Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*