PPP Loan information for Cornerstone development strategies

$20,833

Cornerstone development strategies was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/21/2021 by The Drake Bank reported 1 jobs and $20,833 was used to fund payroll.

Cornerstone development strategies is Existing or more than 2 years old

CORNERSTONE DEVELOPMENT STRATEGIES

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CORNERSTONE DEVELOPMENT STRATEGIES

Borrower Address

11504 Ashley Ct

Borrower City

Inver Grove Heights

Borrower State

MN

Borrower Zip

55077-5250

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Inver Grove Heights

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-5250

CD

MN-02

Jobs Reported

1

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.33

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20966.43

Forgiveness Date

09/17/2021

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