# PPP loan: CORNERSTONE PUBLIC ASSET FUND, INC.
> **$308K** approved 04/09/2020 · Paid in Full · Loan `9657547009`
## Borrower
- **Name:** CORNERSTONE PUBLIC ASSET FUND, INC.
- **Address:** 201 GRAHAM AVE, BENTON HARBOR, MI, 49022-3636
- **NAICS:** 813312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $23K
- **Mortgage interest:** $23K
- **Utilities:** $15K
- **Jobs reported:** 56
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*