# PPP loan: CORNERSTONE III PROPERTIES, INC.
> **$158K** approved 04/15/2020 · Paid in Full · Loan `1690367205`
## Borrower
- **Name:** CORNERSTONE III PROPERTIES, INC.
- **Address:** 4509 FAITH CHURCH RD, INDIAN TRAIL, NC, 28079
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 8
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*