PPP Loan information for Cornerstone insurance agency, inc.

$89,200

Cornerstone insurance agency, inc. was initially approved for PPP Loan of amount $89,200, the current approved amount is $89,200. The loan was approved on 04/30/2020 by The Truist Bank reported 14 jobs and $89,200 was used to fund payroll.

Cornerstone insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Clinton / Cornerstone insurance agency, inc.

CORNERSTONE INSURANCE AGENCY, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CORNERSTONE INSURANCE AGENCY, INC.

Borrower Address

607 Old Alexandria Ferry Rd

Borrower City

Clinton

Borrower State

MD

Borrower Zip

20735

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89200.00

Current Approval Amount

89200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20735-0001

CD

MD-04

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90007.76

Forgiveness Date

04/05/2021

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