PPP Loan information for Cornerstone labor service, inc.

$1,250,000

Cornerstone labor service, inc. was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 04/13/2020 by The The First Bank and Trust Company reported 11 jobs and $1,250,000 was used to fund payroll.

Cornerstone labor service, inc. is Existing or more than 2 years old

PPP Loan Search / VA / MONTPELIER / Cornerstone labor service, inc.

CORNERSTONE LABOR SERVICE, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE LABOR SERVICE, INC.

Borrower Address

15247 WHISPERING WIND CIR

Borrower City

MONTPELIER

Borrower State

VA

Borrower Zip

23192-2754

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTPELIER

Project County Name

HANOVER

Project State

VA

Project Zip

23192-2754

CD

VA-05

Jobs Reported

11

NAICS Code

212111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1250000.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1264166.67

Forgiveness Date

06/11/2021

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