PPP Loan information for Cornerstone united, inc.

$626,240

Cornerstone united, inc. was initially approved for PPP Loan of amount $626,240, the current approved amount is $626,240. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 52 jobs and $626,240 was used to fund payroll.

Cornerstone united, inc. is Existing or more than 2 years old

CORNERSTONE UNITED, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CORNERSTONE UNITED, INC.

Borrower Address

1020 MAIN AVE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

626240.00

Current Approval Amount

626240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-0500

CD

NC-10

Jobs Reported

52

NAICS Code

524292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

626240.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629980.28

Forgiveness Date

11/27/2020

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