PPP Loan information for Cornerstone partnership

$52,627

Cornerstone partnership was initially approved for PPP Loan of amount $52,627, the current approved amount is $52,627. The loan was approved on 03/20/2021 by The Southern Bank reported 9 jobs and $52,627 was used to fund payroll.

Cornerstone partnership is Existing or more than 2 years old

CORNERSTONE PARTNERSHIP

Date Approved

03/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

CORNERSTONE PARTNERSHIP

Borrower Address

100 Letchworth Rd

Borrower City

Des Arc

Borrower State

AR

Borrower Zip

72040-8178

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52627.00

Current Approval Amount

52627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

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

72040-8178

CD

AR-01

Jobs Reported

9

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52624.00

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

Partnership

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53062.63

Forgiveness Date

01/18/2022

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