PPP Loan information for Cornerstone financial group corporation

$86,600

Cornerstone financial group corporation was initially approved for PPP Loan of amount $86,600, the current approved amount is $86,600. The loan was approved on 04/10/2020 by The The Farmers & Merchants Bank reported 10 jobs and $86,600 was used to fund payroll.

Cornerstone financial group corporation is Existing or more than 2 years old

CORNERSTONE FINANCIAL GROUP CORPORATION

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CORNERSTONE FINANCIAL GROUP CORPORATION

Borrower Address

102 Hamilton St

Borrower City

DES ARC

Borrower State

AR

Borrower Zip

72040-3123

Loan Status Date

06/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86600.00

Current Approval Amount

86600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES ARC

Project County Name

PRAIRIE

Project State

AR

Project Zip

72040-3123

CD

AR-01

Jobs Reported

10

NAICS Code

523999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86600.00

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

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;