# PPP loan: CORNERSTONE SCHOOLS OF ALABAMA, INC.
> **$646K** approved 04/06/2020 · Paid in Full · Loan `5603207008`
## Borrower
- **Name:** CORNERSTONE SCHOOLS OF ALABAMA, INC.
- **Address:** 118 55TH ST N, BIRMINGHAM, AL, 35212-2420
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $653K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $646K
- **Jobs reported:** 80
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*