PPP Loan information for Cornerstone assembly of god

$104,877

Cornerstone assembly of god was initially approved for PPP Loan of amount $104,877, the current approved amount is $104,877. The loan was approved on 04/06/2020 by The Sterling State Bank reported 10 jobs and $104,877 was used to fund payroll.

Cornerstone assembly of god is Existing or more than 2 years old

CORNERSTONE ASSEMBLY OF GOD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNERSTONE ASSEMBLY OF GOD

Borrower Address

1403 1ST AVE SW

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-1603

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104877.00

Current Approval Amount

104877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

MOWER

Project State

MN

Project Zip

55912-1603

CD

MN-01

Jobs Reported

10

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104877.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

105552.87

Forgiveness Date

11/30/2020

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