PPP Loan information for Cornerstone electric llc

$127,837

Cornerstone electric llc was initially approved for PPP Loan of amount $127,837, the current approved amount is $127,837. The loan was approved on 03/13/2021 by The The Poca Valley Bank, Inc. reported 5 jobs and $127,837 was used to fund payroll.

Cornerstone electric llc is Existing or more than 2 years old

CORNERSTONE ELECTRIC LLC

Date Approved

03/13/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

CORNERSTONE ELECTRIC LLC

Borrower Address

1956 Lens Creek Rd

Borrower City

Hernshaw

Borrower State

WV

Borrower Zip

25107-8540

Loan Status Date

12/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127837.00

Current Approval Amount

127837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75424

Servicing Lender Name

The Poca Valley Bank, Inc.

Servicing Lender Address

7033 Charleston Rd

Servicing Lender City

WALTON

Servicing Lender State

WV

Servicing Lender Zip

25286-9601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hernshaw

Project County Name

KANAWHA

Project State

WV

Project Zip

25107-8540

CD

WV-01

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127835.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75424

Originating Lender

The Poca Valley Bank, Inc.

Originating Lender City

WALTON

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129782.96

Forgiveness Date

09/13/2022

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