PPP Loan information for Cornerstone development, llc

$123,222

Cornerstone development, llc was initially approved for PPP Loan of amount $123,222, the current approved amount is $123,222. The loan was approved on 04/28/2020 by The First Community Bank of Tennessee reported 10 jobs and $123,222 was used to fund payroll.

Cornerstone development, llc is Existing or more than 2 years old

PPP Loan Search / TN / FRANKLIN / Cornerstone development, llc

CORNERSTONE DEVELOPMENT, LLC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CORNERSTONE DEVELOPMENT, LLC

Borrower Address

216 NOAH DR, SUITE 100

Borrower City

FRANKLIN

Borrower State

TN

Borrower Zip

37064-4024

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123222.00

Current Approval Amount

123222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37064-4024

CD

TN-07

Jobs Reported

10

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12322.30

Payroll Proceed

92417.25

Mortgage Interest Proceed

18482.45

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

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124272.81

Forgiveness Date

03/09/2021

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