PPP Loan information for Cornerstone excavating inc.

$305,384

Cornerstone excavating inc. was initially approved for PPP Loan of amount $305,384, the current approved amount is $305,384. The loan was approved on 01/31/2021 by The Washington State Bank reported 19 jobs and $305,384 was used to fund payroll.

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

CORNERSTONE EXCAVATING INC.

Date Approved

01/31/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CORNERSTONE EXCAVATING INC.

Borrower Address

1320 W Main St

Borrower City

Washington

Borrower State

IA

Borrower Zip

52353-1652

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305384.37

Current Approval Amount

305384.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25551

Servicing Lender Name

Washington State Bank

Servicing Lender Address

121 S Marion Ave

Servicing Lender City

WASHINGTON

Servicing Lender State

IA

Servicing Lender Zip

52353-2032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-1652

CD

IA-01

Jobs Reported

19

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305382.37

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

25551

Originating Lender

Washington State Bank

Originating Lender City

WASHINGTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306758.60

Forgiveness Date

07/14/2021

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