# PPP loan: CORNERSTONE EXCAVATING INC.
> **$295K** approved 04/04/2020 · Paid in Full · Loan `4726687007`
## Borrower
- **Name:** CORNERSTONE EXCAVATING INC.
- **Address:** 1320 W MAIN ST, WASHINGTON, IA, 52353-1652
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Jobs reported:** 17
## Lender
- **Originating:** Washington State Bank
- **Servicing:** Washington State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*