# PPP loan: CORNERSTONE PARKING GROUP INC
> **$1.98M** approved 04/03/2020 · Paid in Full · Loan `4583327006`
## Borrower
- **Name:** CORNERSTONE PARKING GROUP INC
- **Address:** 6474 CITY WEST PARKWAY, EDEN PRAIRIE, MN, 55344-3245
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.49M
- **Rent:** $446K
- **Utilities:** $50K
- **Jobs reported:** 250
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*