# PPP loan: CORNERSTONE AUTOMATION SYSTEMS, LLC
> **$1.66M** approved 04/15/2020 · Paid in Full · Loan `8510227106`
## Borrower
- **Name:** CORNERSTONE AUTOMATION SYSTEMS, LLC
- **Address:** 10601 Clarence Drive, FRISCO, TX, 75033-3866
- **NAICS:** 541614
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $333K
- **Mortgage interest:** $33K
- **Utilities:** $50K
- **Jobs reported:** 137
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*