PPP Loan information for Cornerstone systems inc.

$103,983

Cornerstone systems inc. was initially approved for PPP Loan of amount $103,983, the current approved amount is $103,983. The loan was approved on 04/15/2020 by The Old National Bank reported 6 jobs and $103,983 was used to fund payroll.

Cornerstone systems inc. is New Business or 2 years or less

PPP Loan Search / IL / Crystal Lake / Cornerstone systems inc.

CORNERSTONE SYSTEMS INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CORNERSTONE SYSTEMS INC.

Borrower Address

820 E Terra Cotta Ave

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-3649

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103982.50

Current Approval Amount

103982.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-3649

CD

IL-11

Jobs Reported

6

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103982.50

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105016.55

Forgiveness Date

04/19/2021

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