PPP Loan information for Cornerstone burger co.

$388,000

Cornerstone burger co. was initially approved for PPP Loan of amount $388,000, the current approved amount is $388,000. The loan was approved on 02/04/2021 by The Community National Bank reported 111 jobs and $388,000 was used to fund payroll.

Cornerstone burger co. is Existing or more than 2 years old

PPP Loan Search / VT / Barre / Cornerstone burger co.

CORNERSTONE BURGER CO.

Date Approved

02/04/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

CORNERSTONE BURGER CO.

Borrower Address

47 N Main St

Borrower City

Barre

Borrower State

VT

Borrower Zip

05641-4168

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388000.00

Current Approval Amount

388000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Barre

Project County Name

WASHINGTON

Project State

VT

Project Zip

05641-4168

CD

VT-

Jobs Reported

111

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

387996.00

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

Corporation

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391199.67

Forgiveness Date

12/06/2021

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