PPP Loan information for Cornerstne financial group inc

$119,580

Cornerstne financial group inc was initially approved for PPP Loan of amount $119,580, the current approved amount is $119,580. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 8 jobs and $119,580 was used to fund payroll.

Cornerstne financial group inc is Existing or more than 2 years old

CORNERSTNE FINANCIAL GROUP INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CORNERSTNE FINANCIAL GROUP INC

Borrower Address

51 Main Street

Borrower City

Succasunna

Borrower State

NJ

Borrower Zip

07876

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119580.00

Current Approval Amount

119580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Succasunna

Project County Name

MORRIS

Project State

NJ

Project Zip

07876-0001

CD

NJ-07

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89685.00

Mortgage Interest Proceed

0.00

Rent Proceed

29895.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120433.67

Forgiveness Date

01/07/2021

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