PPP Loan information for Cornerstone consortium

$52,500

Cornerstone consortium was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/10/2020 by The The Farmers Bank, Frankfort, Indiana reported 3 jobs and $52,500 was used to fund payroll.

Cornerstone consortium is New Business or 2 years or less

CORNERSTONE CONSORTIUM

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CORNERSTONE CONSORTIUM

Borrower Address

102 S Main

Borrower City

KIRKLIN

Borrower State

IN

Borrower Zip

46050

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KIRKLIN

Project County Name

CLINTON

Project State

IN

Project Zip

46050-0001

CD

IN-05

Jobs Reported

3

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52882.60

Forgiveness Date

01/08/2021

;