# PPP loan: CORNERSTONE SENIOR LIVING, LLC
> **$157K** approved 04/06/2020 · Paid in Full · Loan `6259827000`
## Borrower
- **Name:** CORNERSTONE SENIOR LIVING, LLC
- **Address:** 421 6TH ST NE, BAGLEY, MN, 56621-8102
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Mortgage interest:** $8K
- **Utilities:** $7K
- **Health care:** $9K
- **Debt interest:** $900
- **Jobs reported:** 18
## Lender
- **Originating:** Security Bank USA
- **Servicing:** Security Bank USA (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*