PPP Loan information for Cornerstone contracting inc

$965,051

Cornerstone contracting inc was initially approved for PPP Loan of amount $965,051, the current approved amount is $965,051. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 27 jobs and $965,051 was used to fund payroll.

Cornerstone contracting inc is New Business or 2 years or less

CORNERSTONE CONTRACTING INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CORNERSTONE CONTRACTING INC

Borrower Address

224 E HIGHLAND PKWY

Borrower City

ROSELLE

Borrower State

NJ

Borrower Zip

07203-2617

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

965051.00

Current Approval Amount

965051.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROSELLE

Project County Name

UNION

Project State

NJ

Project Zip

07203-2617

CD

NJ-10

Jobs Reported

27

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

965051.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

745762.85

Forgiveness Date

07/26/2021

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