PPP Loan information for Cornerstone preschool and childcare llc

$44,490

Cornerstone preschool and childcare llc was initially approved for PPP Loan of amount $44,490, the current approved amount is $44,490. The loan was approved on 04/15/2020 by The Frandsen Bank & Trust reported 17 jobs and $44,490 was used to fund payroll.

Cornerstone preschool and childcare llc is Existing or more than 2 years old

PPP Loan Search / MN / FARMINGTON / Cornerstone preschool and childcare llc

CORNERSTONE PRESCHOOL AND CHILDCARE LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNERSTONE PRESCHOOL AND CHILDCARE LLC

Borrower Address

305 Elm Street

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44490.00

Current Approval Amount

44490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-0001

CD

MN-02

Jobs Reported

17

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4449.00

Payroll Proceed

33368.00

Mortgage Interest Proceed

6673.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44856.89

Forgiveness Date

02/22/2021

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