# PPP loan: CORNERSTONE UTILITY CONSTRUCTION INC
> **$185K** approved 02/03/2021 · Paid in Full · Loan `2662328404`
## Borrower
- **Name:** CORNERSTONE UTILITY CONSTRUCTION INC
- **Address:** 3006 County Road 43, Willow River, MN, 55795-9746
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** The First National Bank of Moose Lake
- **Servicing:** The First National Bank of Moose Lake (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*