PPP Loan information for Cornerstone commercial mortgages, llc

$60,800

Cornerstone commercial mortgages, llc was initially approved for PPP Loan of amount $60,800, the current approved amount is $60,800. The loan was approved on 04/06/2020 by The Magnolia State Bank reported 1 jobs and $60,800 was used to fund payroll.

Cornerstone commercial mortgages, llc is Existing or more than 2 years old

CORNERSTONE COMMERCIAL MORTGAGES, LLC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CORNERSTONE COMMERCIAL MORTGAGES, LLC

Borrower Address

530 A WEST THOMAS ST

Borrower City

MILLEDGEVILLE

Borrower State

GA

Borrower Zip

31061-2700

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60800.00

Current Approval Amount

60800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19419

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

130 Oak St

Servicing Lender City

EASTMAN

Servicing Lender State

GA

Servicing Lender Zip

31023-6126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLEDGEVILLE

Project County Name

BALDWIN

Project State

GA

Project Zip

31061-2700

CD

GA-08

Jobs Reported

1

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

45600.00

Mortgage Interest Proceed

13200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

19419

Originating Lender

Magnolia State Bank

Originating Lender City

EASTMAN

Originating Lender State

GA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61349.70

Forgiveness Date

03/11/2021

;