PPP Loan information for Cornerstone assembly of god

$505,227

Cornerstone assembly of god was initially approved for PPP Loan of amount $505,227, the current approved amount is $505,227. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 34 jobs and $505,227 was used to fund payroll.

Cornerstone assembly of god is Existing or more than 2 years old

CORNERSTONE ASSEMBLY OF GOD

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CORNERSTONE ASSEMBLY OF GOD

Borrower Address

16010 Annapolis Road

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20715-3043

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505227.00

Current Approval Amount

505227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-3043

CD

MD-05

Jobs Reported

34

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63153.52

Payroll Proceed

378921.11

Mortgage Interest Proceed

0.00

Rent Proceed

63152.37

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510054.72

Forgiveness Date

04/02/2021

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