PPP Loan information for Cornerstone christian academy

$249,500

Cornerstone christian academy was initially approved for PPP Loan of amount $249,500, the current approved amount is $249,500. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 43 jobs and $249,500 was used to fund payroll.

Cornerstone christian academy is Existing or more than 2 years old

CORNERSTONE CHRISTIAN ACADEMY

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE CHRISTIAN ACADEMY

Borrower Address

16210 Elementary Dr.

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-8422

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249500.00

Current Approval Amount

249500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-8422

CD

VA-09

Jobs Reported

43

NAICS Code

813219

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251405.90

Forgiveness Date

01/19/2021

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