PPP Loan information for Cornerstone inn & suites llc

$44,000

Cornerstone inn & suites llc was initially approved for PPP Loan of amount $44,000, the current approved amount is $44,000. The loan was approved on 02/20/2021 by The Community Bank of Oelwein reported 10 jobs and $44,000 was used to fund payroll.

Cornerstone inn & suites llc is Existing or more than 2 years old

PPP Loan Search / IA / Oelwein / Cornerstone inn & suites llc

CORNERSTONE INN & SUITES LLC

Date Approved

02/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CORNERSTONE INN & SUITES LLC

Borrower Address

1302 Outer Rd

Borrower City

Oelwein

Borrower State

IA

Borrower Zip

50662-9632

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44000.00

Current Approval Amount

44000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123159

Servicing Lender Name

Community Bank of Oelwein

Servicing Lender Address

150 1st St SE

Servicing Lender City

OELWEIN

Servicing Lender State

IA

Servicing Lender Zip

50662-2309

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oelwein

Project County Name

FAYETTE

Project State

IA

Project Zip

50662-9632

CD

IA-02

Jobs Reported

10

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123159

Originating Lender

Community Bank of Oelwein

Originating Lender City

OELWEIN

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44188.22

Forgiveness Date

08/03/2021

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