# PPP loan: CORNERSTONE LABOR SERVICE, INC.
> **$1.25M** approved 04/13/2020 · Paid in Full · Loan `5494517105`
## Borrower
- **Name:** CORNERSTONE LABOR SERVICE, INC.
- **Address:** 15247 WHISPERING WIND CIR, MONTPELIER, VA, 23192-2754
- **NAICS:** 212111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 11
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*