PPP Loan information for Cornerstone church of salisbury, inc.

$265,000

Cornerstone church of salisbury, inc. was initially approved for PPP Loan of amount $265,000, the current approved amount is $265,000. The loan was approved on 04/08/2020 by The Peoples Bank reported 64 jobs and $265,000 was used to fund payroll.

Cornerstone church of salisbury, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Cornerstone church of salisbury, inc.

CORNERSTONE CHURCH OF SALISBURY, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CORNERSTONE CHURCH OF SALISBURY, INC.

Borrower Address

315 Webb Riod

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28147

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28147-0001

CD

NC-08

Jobs Reported

64

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265000.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

267951.81

Forgiveness Date

05/26/2021

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