# PPP loan: CORNERSTONE CHRISTIAN ACADEMY LLC
> **$207K** approved 04/09/2020 · Paid in Full · Loan `1056757109`
## Borrower
- **Name:** CORNERSTONE CHRISTIAN ACADEMY LLC
- **Address:** 1600 MCCURDY AVENUE NORTH, RAINSVILLE, AL, 35986-4419
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $6K
- **Health care:** $6K
- **Jobs reported:** 60
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*