PPP Loan information for Cornerstone electric corp.

$25,600

Cornerstone electric corp. was initially approved for PPP Loan of amount $25,600, the current approved amount is $25,600. The loan was approved on 04/28/2020 by The Sage Capital Bank reported 3 jobs and $25,600 was used to fund payroll.

Cornerstone electric corp. is Existing or more than 2 years old

CORNERSTONE ELECTRIC CORP.

Date Approved

04/28/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

CORNERSTONE ELECTRIC CORP.

Borrower Address

1987 Ristrello

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78132-0012

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25600.00

Current Approval Amount

25600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70042

Servicing Lender Name

Sage Capital Bank

Servicing Lender Address

1606 N Sarah DeWitt Dr

Servicing Lender City

GONZALES

Servicing Lender State

TX

Servicing Lender Zip

78629-2700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78132-0012

CD

TX-21

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25600.00

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

70042

Originating Lender

Sage Capital Bank

Originating Lender City

GONZALES

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25816.18

Forgiveness Date

03/05/2021

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