PPP Loan information for Cornerstone 57, inc.

$70,000

Cornerstone 57, inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 04/07/2020 by The Wheaton Bank & Trust Company, National Association reported 6 jobs and $70,000 was used to fund payroll.

Cornerstone 57, inc. is Existing or more than 2 years old

CORNERSTONE 57, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CORNERSTONE 57, INC.

Borrower Address

2001 Gary Avenue

Borrower City

WHEATON

Borrower State

IL

Borrower Zip

60187

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHEATON

Project County Name

DUPAGE

Project State

IL

Project Zip

60187-0001

CD

IL-03

Jobs Reported

6

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8750.00

Payroll Proceed

52500.00

Mortgage Interest Proceed

0.00

Rent Proceed

8750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70729.17

Forgiveness Date

04/27/2021

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