PPP Loan information for Cornerstone business associates inc

$334,854

Cornerstone business associates inc was initially approved for PPP Loan of amount $334,854, the current approved amount is $334,854. The loan was approved on 03/20/2021 by The BankFirst Financial Services reported 38 jobs and $334,854 was used to fund payroll.

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

CORNERSTONE BUSINESS ASSOCIATES INC

Date Approved

03/20/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

CORNERSTONE BUSINESS ASSOCIATES INC

Borrower Address

50 S Main St

Borrower City

Water Valley

Borrower State

MS

Borrower Zip

38965-2946

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

334854.00

Current Approval Amount

334854.00

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

1.00

Payroll Proceed

334851.00

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

337908.97

Forgiveness Date

02/22/2022

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