Cornerstone Automation Systems, LLC

$1,662,700 PPP Loan in Frisco, Texas

Loan Details

Loan Number
8510227106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,662,700
Current Approval
$1,662,700
Forgiveness Amount
$1,676,913
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cornerstone Automation Systems, LLC
Address
10601 Clarence Drive
City
Frisco
State
Texas
ZIP Code
75033-3866
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541614)
Business Age
New Business or 2 years or less
Jobs Reported
137
Estimated Revenue
$14.2M
Rural/Urban
Urban
Congressional District
TX-04

Loan Use Breakdown

Payroll
$1,247,025
Rent
$332,540
Utilities
$49,881
Mortgage Interest
$33,254

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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