# PPP loan: GRANITE DEPOT OF ASHEVILLE
> **$157K** approved 04/09/2020 · Exemption 4 · Loan `9033027008`
## Borrower
- **Name:** GRANITE DEPOT OF ASHEVILLE
- **Address:** 36 PROVIDENCE PL, WAYNESVILLE, NC, 28786-7951
- **NAICS:** 444190
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $19K (12%)
- **Forgiveness date:** 03/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 5
## 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*