PPP Loan information for Cornerstone asset management, inc.

$61,700

Cornerstone asset management, inc. was initially approved for PPP Loan of amount $61,700, the current approved amount is $61,700. The loan was approved on 04/13/2020 by The Truist Bank reported 4 jobs and $61,700 was used to fund payroll.

Cornerstone asset management, inc. is Existing or more than 2 years old

CORNERSTONE ASSET MANAGEMENT, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE ASSET MANAGEMENT, INC.

Borrower Address

116 S STEWART ST

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22601-4108

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61700.00

Current Approval Amount

61700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

WINCHESTER CITY

Project State

VA

Project Zip

22601-4108

CD

VA-06

Jobs Reported

4

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61700.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62406.12

Forgiveness Date

06/09/2021

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