PPP Loan information for Cornerstone alliance

$165,537

Cornerstone alliance was initially approved for PPP Loan of amount $165,537, the current approved amount is $165,537. The loan was approved on 04/09/2020 by The United FCU reported 9 jobs and $165,537 was used to fund payroll.

Cornerstone alliance is Existing or more than 2 years old

CORNERSTONE ALLIANCE

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE ALLIANCE

Borrower Address

80 W MAIN ST

Borrower City

BENTON HARBOR

Borrower State

MI

Borrower Zip

49022-3606

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165537.00

Current Approval Amount

165537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99541

Servicing Lender Name

United FCU

Servicing Lender Address

150 Hilltop Rd

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MI

Servicing Lender Zip

49085-2381

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTON HARBOR

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-3606

CD

MI-06

Jobs Reported

9

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165537.00

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

Non-Profit Organization

Originating Lender Location Id

99541

Originating Lender

United FCU

Originating Lender City

SAINT JOSEPH

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

166444.05

Forgiveness Date

11/03/2020

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