# PPP loan: STONE MART CORP.
> **$250K** approved 04/22/2021 · Paid in Full · Loan `8570238804`
## Borrower
- **Name:** STONE MART CORP.
- **Address:** 13425 Sherman Way, North Hollywood, CA, 91605-4416
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*