PPP Loan information for Cornerstone foundations & concrete inc

$200,000

Cornerstone foundations & concrete inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 01/28/2021 by The Peach State Bank and Trust reported 20 jobs and $200,000 was used to fund payroll.

Cornerstone foundations & concrete inc is Existing or more than 2 years old

CORNERSTONE FOUNDATIONS & CONCRETE INC

Date Approved

01/28/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

CORNERSTONE FOUNDATIONS & CONCRETE INC

Borrower Address

2630 Old Cornelia Hwy

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30507-7857

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434107

Servicing Lender Name

Peach State Bank and Trust

Servicing Lender Address

121 EE Butler Pkwy

Servicing Lender City

Gainesville

Servicing Lender State

GA

Servicing Lender Zip

30501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30507-7857

CD

GA-09

Jobs Reported

20

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

199997.00

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

434107

Originating Lender

Peach State Bank and Trust

Originating Lender City

Gainesville

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201294.44

Forgiveness Date

09/24/2021

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