PPP Loan information for Cornerstone schools of alabama inc

$679,098

Cornerstone schools of alabama inc was initially approved for PPP Loan of amount $679,098, the current approved amount is $679,098. The loan was approved on 01/26/2021 by The ServisFirst Bank reported 89 jobs and $679,098 was used to fund payroll.

Cornerstone schools of alabama inc is Existing or more than 2 years old

CORNERSTONE SCHOOLS OF ALABAMA INC

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CORNERSTONE SCHOOLS OF ALABAMA INC

Borrower Address

118 55th St N

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35212-2420

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

679098.00

Current Approval Amount

679098.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35212-2420

CD

AL-07

Jobs Reported

89

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

679098.00

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

Non-Profit Organization

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

686756.72

Forgiveness Date

03/10/2022

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