PPP Loan information for Cornerstone academy, inc.

$691,200

Cornerstone academy, inc. was initially approved for PPP Loan of amount $691,242, the current approved amount is $691,200. The loan was approved on 04/07/2020 by The Regions Bank reported 73 jobs and $691,200 was used to fund payroll.

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

PPP Loan Search / TN / MORRISTOWN / Cornerstone academy, inc.

CORNERSTONE ACADEMY, INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CORNERSTONE ACADEMY, INC.

Borrower Address

4801 S Davy Crockett Pkwy

Borrower City

MORRISTOWN

Borrower State

TN

Borrower Zip

37813-3901

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691242.00

Current Approval Amount

691200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISTOWN

Project County Name

HAMBLEN

Project State

TN

Project Zip

37813-3901

CD

TN-01

Jobs Reported

73

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

691200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

695460.82

Forgiveness Date

12/09/2020

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