PPP Loan information for Cornerstone first mortgage, inc.

$1,672,400

Cornerstone first mortgage, inc. was initially approved for PPP Loan of amount $1,672,400, the current approved amount is $1,672,400. The loan was approved on 04/11/2020 by The Western Alliance Bank reported 93 jobs and $1,672,400 was used to fund payroll.

Cornerstone first mortgage, inc. is Existing or more than 2 years old

CORNERSTONE FIRST MORTGAGE, INC.

Date Approved

04/11/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

CORNERSTONE FIRST MORTGAGE, INC.

Borrower Address

2655 CAMINO DEL RIO N Ste 450

Borrower City

SAN DIEGO

Borrower State

CA

Borrower Zip

92108-1603

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1672400.00

Current Approval Amount

1672400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN DIEGO

Project County Name

SAN DIEGO

Project State

CA

Project Zip

92108-1603

CD

CA-51

Jobs Reported

93

NAICS Code

522310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1602400.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1691028.68

Forgiveness Date

05/27/2021

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