PPP Loan information for Cornerstone physical therapy health and wellness center, p.c

$95,600

Cornerstone physical therapy health and wellness center, p.c was initially approved for PPP Loan of amount $111,900, the current approved amount is $95,600. The loan was approved on 04/06/2020 by The Magyar Bank reported 20 jobs and $95,600 was used to fund payroll.

Cornerstone physical therapy health and wellness center, p.c is Existing or more than 2 years old

CORNERSTONE PHYSICAL THERAPY HEALTH AND WELLNESS CENTER, P.C

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CORNERSTONE PHYSICAL THERAPY HEALTH AND WELLNESS CENTER, P.C

Borrower Address

77 BRANT AVE

Borrower City

CLARK

Borrower State

NJ

Borrower Zip

07066-1530

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111900.00

Current Approval Amount

95600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARK

Project County Name

UNION

Project State

NJ

Project Zip

07066-1530

CD

NJ-07

Jobs Reported

20

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31867.00

Payroll Proceed

31867.00

Mortgage Interest Proceed

0.00

Rent Proceed

31866.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96813.59

Forgiveness Date

07/29/2021

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