PPP Loan information for Cornerstone builders & real estate inc

$59,400

Cornerstone builders & real estate inc was initially approved for PPP Loan of amount $59,400, the current approved amount is $59,400. The loan was approved on 04/13/2020 by The Manufacturers Bank & Trust Company reported 5 jobs and $59,400 was used to fund payroll.

Cornerstone builders & real estate inc is Existing or more than 2 years old

CORNERSTONE BUILDERS & REAL ESTATE INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNERSTONE BUILDERS & REAL ESTATE INC

Borrower Address

1264 HADLEYVIEW CT NE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-4906

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59400.00

Current Approval Amount

59400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-4906

CD

MN-01

Jobs Reported

5

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

44550.00

Mortgage Interest Proceed

0.00

Rent Proceed

8850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59731.65

Forgiveness Date

11/05/2020

;