PPP Loan information for Cornerstone fabricating & construction inc

$382,451

Cornerstone fabricating & construction inc was initially approved for PPP Loan of amount $499,749, the current approved amount is $382,451. The loan was approved on 04/09/2020 by The The State Bank reported 42 jobs and $382,451 was used to fund payroll.

Cornerstone fabricating & construction inc is Existing or more than 2 years old

PPP Loan Search / MI / HEMLOCK / Cornerstone fabricating & construction inc

CORNERSTONE FABRICATING & CONSTRUCTION INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE FABRICATING & CONSTRUCTION INC

Borrower Address

667 WATSON RD

Borrower City

HEMLOCK

Borrower State

MI

Borrower Zip

48626-9795

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499749.00

Current Approval Amount

382451.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEMLOCK

Project County Name

SAGINAW

Project State

MI

Project Zip

48626-9795

CD

MI-08

Jobs Reported

42

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382451.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

384515.19

Forgiveness Date

11/03/2020

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