# PPP loan: CORNERSTONE NETWORK INC.
> **$673K** approved 02/01/2021 · Paid in Full · Loan `1158308405`
## Borrower
- **Name:** CORNERSTONE NETWORK INC.
- **Address:** 1032 S 4th Ave, Arcadia, CA, 91006-4218
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $678K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $673K
- **Utilities:** $1
- **Jobs reported:** 133
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*