PPP Loan information for Cornerstone hydraulics & industrial supply

$56,448

Cornerstone hydraulics & industrial supply was initially approved for PPP Loan of amount $56,448, the current approved amount is $56,448. The loan was approved on 04/12/2020 by The HomeTrust Bank reported 6 jobs and $56,448 was used to fund payroll.

Cornerstone hydraulics & industrial supply is Existing or more than 2 years old

CORNERSTONE HYDRAULICS & INDUSTRIAL SUPPLY

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CORNERSTONE HYDRAULICS & INDUSTRIAL SUPPLY

Borrower Address

112 Liberty Cir

Borrower City

Elizabethton

Borrower State

TN

Borrower Zip

37643-7259

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56447.50

Current Approval Amount

56447.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabethton

Project County Name

CARTER

Project State

TN

Project Zip

37643-7259

CD

TN-01

Jobs Reported

6

NAICS Code

423840

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56447.50

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

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56979.50

Forgiveness Date

03/23/2021

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