PPP Loan information for Cornerstone contracting inc.

$181,400

Cornerstone contracting inc. was initially approved for PPP Loan of amount $181,400, the current approved amount is $181,400. The loan was approved on 02/25/2021 by The Macatawa Bank reported 14 jobs and $181,400 was used to fund payroll.

Cornerstone contracting inc. is Existing or more than 2 years old

CORNERSTONE CONTRACTING INC.

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORNERSTONE CONTRACTING INC.

Borrower Address

2606 142nd Ave

Borrower City

Dorr

Borrower State

MI

Borrower Zip

49323-9591

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181400.00

Current Approval Amount

181400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dorr

Project County Name

ALLEGAN

Project State

MI

Project Zip

49323-9591

CD

MI-06

Jobs Reported

14

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181399.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182269.73

Forgiveness Date

08/31/2021

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