PPP Loan information for Cornerstone affordable homes, llc

$65,450

Cornerstone affordable homes, llc was initially approved for PPP Loan of amount $65,450, the current approved amount is $65,450. The loan was approved on 04/14/2020 by The Honor Bank reported 7 jobs and $65,450 was used to fund payroll.

Cornerstone affordable homes, llc is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Cornerstone affordable homes, llc

CORNERSTONE AFFORDABLE HOMES, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE AFFORDABLE HOMES, LLC

Borrower Address

830 FRONT ST Suite 204

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-2519

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65450.00

Current Approval Amount

65450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-2519

CD

MI-01

Jobs Reported

7

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3273.00

Payroll Proceed

58905.00

Mortgage Interest Proceed

0.00

Rent Proceed

3272.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66013.60

Forgiveness Date

02/22/2021

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