# PPP loan: FC CORNERSTONE CHRISTIAN ACADEMY
> **$486K** approved 04/28/2020 · Paid in Full · Loan `7957227206`
## Borrower
- **Name:** FC CORNERSTONE CHRISTIAN ACADEMY
- **Address:** 2140 First Colony Blvd, SUGAR LAND, TX, 77479
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Utilities:** $121K
- **Jobs reported:** 101
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*