PPP Loan information for Cornerstone automation systems, llc

$1,662,700

Cornerstone automation systems, llc was initially approved for PPP Loan of amount $1,662,700, the current approved amount is $1,662,700. The loan was approved on 04/15/2020 by The Origin Bank reported 137 jobs and $1,662,700 was used to fund payroll.

Cornerstone automation systems, llc is New Business or 2 years or less

PPP Loan Search / TX / FRISCO / Cornerstone automation systems, llc

CORNERSTONE AUTOMATION SYSTEMS, LLC

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CORNERSTONE AUTOMATION SYSTEMS, LLC

Borrower Address

10601 Clarence Drive

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75033-3866

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1662700.00

Current Approval Amount

1662700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FRISCO

Project County Name

COLLIN

Project State

TX

Project Zip

75033-3866

CD

TX-04

Jobs Reported

137

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

49881.00

Payroll Proceed

1247025.00

Mortgage Interest Proceed

33254.00

Rent Proceed

332540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1676912.67

Forgiveness Date

02/25/2021

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