PPP Loan information for Cornerstone research & dev. center inc

$161,702

Cornerstone research & dev. center inc was initially approved for PPP Loan of amount $256,500, the current approved amount is $161,702. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 47 jobs and $161,702 was used to fund payroll.

Cornerstone research & dev. center inc is Existing or more than 2 years old

CORNERSTONE RESEARCH & DEV. CENTER INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CORNERSTONE RESEARCH & DEV. CENTER INC

Borrower Address

500 Redland Court STE 211

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256500.00

Current Approval Amount

161702.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-0001

CD

MD-02

Jobs Reported

47

NAICS Code

621999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12300.00

Payroll Proceed

121276.00

Mortgage Interest Proceed

0.00

Rent Proceed

27055.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1071

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

162619.05

Forgiveness Date

11/25/2020

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