# PPP loan: CORNERSTONE AFFILIATES INC.
> **$235K** approved 06/02/2020 · Charged Off · Loan `6863227810`
## Borrower
- **Name:** CORNERSTONE AFFILIATES INC.
- **Address:** 12401 S 450 E  Ste A2-B, Draper, UT, 84020-7941
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 14
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** Quontic Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*