PPP Loan information for Cornerstone industries corp

$1,750,000

Cornerstone industries corp was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 02/02/2021 by The The National Bank of Indianapolis reported 88 jobs and $1,750,000 was used to fund payroll.

Cornerstone industries corp is Existing or more than 2 years old

PPP Loan Search / IN / Brownsburg / Cornerstone industries corp

CORNERSTONE INDUSTRIES CORP

Date Approved

02/02/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CORNERSTONE INDUSTRIES CORP

Borrower Address

8781 Motorsports Way

Borrower City

Brownsburg

Borrower State

IN

Borrower Zip

46112-2517

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118844

Servicing Lender Name

The National Bank of Indianapolis

Servicing Lender Address

107 N Pennsylvania St, Ste 100

Servicing Lender City

INDIANAPOLIS

Servicing Lender State

IN

Servicing Lender Zip

46204-2406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brownsburg

Project County Name

HENDRICKS

Project State

IN

Project Zip

46112-2517

CD

IN-04

Jobs Reported

88

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1749998.00

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

118844

Originating Lender

The National Bank of Indianapolis

Originating Lender City

INDIANAPOLIS

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1763616.44

Forgiveness Date

11/22/2021

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