PPP Loan information for Cornerstone business associates, inc.

$344,000

Cornerstone business associates, inc. was initially approved for PPP Loan of amount $344,000, the current approved amount is $344,000. The loan was approved on 05/26/2020 by The BankFirst Financial Services reported 38 jobs and $344,000 was used to fund payroll.

Cornerstone business associates, inc. is Existing or more than 2 years old

PPP Loan Search / MS / WATER VALLEY / Cornerstone business associates, inc.

CORNERSTONE BUSINESS ASSOCIATES, INC.

Date Approved

05/26/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CORNERSTONE BUSINESS ASSOCIATES, INC.

Borrower Address

50 S. Main Street

Borrower City

WATER VALLEY

Borrower State

MS

Borrower Zip

38965-2946

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344000.00

Current Approval Amount

344000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39535

Servicing Lender Name

BankFirst Financial Services

Servicing Lender Address

900 Main St

Servicing Lender City

COLUMBUS

Servicing Lender State

MS

Servicing Lender Zip

39701-4721

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATER VALLEY

Project County Name

YALOBUSHA

Project State

MS

Project Zip

38965-2946

CD

MS-02

Jobs Reported

38

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

344000.00

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

Subchapter S Corporation

Originating Lender Location Id

39535

Originating Lender

BankFirst Financial Services

Originating Lender City

COLUMBUS

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346299.62

Forgiveness Date

02/04/2021

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