PPP Loan information for Cornerstone church & ministries

$31,900

Cornerstone church & ministries was initially approved for PPP Loan of amount $31,900, the current approved amount is $31,900. The loan was approved on 04/14/2020 by The Farmers & Merchants Bank reported 13 jobs and $31,900 was used to fund payroll.

Cornerstone church & ministries is Existing or more than 2 years old

CORNERSTONE CHURCH & MINISTRIES

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE CHURCH & MINISTRIES

Borrower Address

265 SPRINGBROOK RD

Borrower City

BROADWAY

Borrower State

VA

Borrower Zip

22815-9529

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31900.00

Current Approval Amount

31900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROADWAY

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22815-9529

CD

VA-06

Jobs Reported

13

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31900.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

32127.73

Forgiveness Date

12/31/2020

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