PPP Loan information for Cornerstone custom construction inc.

$542,275

Cornerstone custom construction inc. was initially approved for PPP Loan of amount $542,275, the current approved amount is $542,275. The loan was approved on 01/20/2021 by The Platinum Bank reported 42 jobs and $542,275 was used to fund payroll.

Cornerstone custom construction inc. is Existing or more than 2 years old

CORNERSTONE CUSTOM CONSTRUCTION INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CORNERSTONE CUSTOM CONSTRUCTION INC.

Borrower Address

5300 Alpine Dr NW Ste 240

Borrower City

Anoka

Borrower State

MN

Borrower Zip

55303-4898

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542275.00

Current Approval Amount

542275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anoka

Project County Name

ANOKA

Project State

MN

Project Zip

55303-4898

CD

MN-06

Jobs Reported

42

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

542275.00

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

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547177.76

Forgiveness Date

12/22/2021

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