PPP Loan information for Cornerstone afc management group llc

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE AFC MANAGEMENT GROUP LLC

Borrower Address

302 S State St PO Box 277

Borrower City

BLOOMINGDALE

Borrower State

MI

Borrower Zip

49026-0277

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

780000.00

Current Approval Amount

780000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGDALE

Project County Name

VAN BUREN

Project State

MI

Project Zip

49026-0277

CD

MI-04

Jobs Reported

142

NAICS Code

623990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

780000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

786603.29

Forgiveness Date

02/26/2021