PPP Loan information for Cornerstone medical holdings, llc

$1,425,000

Cornerstone medical holdings, llc was initially approved for PPP Loan of amount $1,834,000, the current approved amount is $1,425,000. The loan was approved on 04/13/2020 by The Comerica Bank reported 72 jobs and $1,425,000 was used to fund payroll.

Cornerstone medical holdings, llc is Existing or more than 2 years old

CORNERSTONE MEDICAL HOLDINGS, LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE MEDICAL HOLDINGS, LLC

Borrower Address

43900 GARFIELD RD

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48038-1124

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1834000.00

Current Approval Amount

1425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1124

CD

MI-10

Jobs Reported

72

NAICS Code

621999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1425000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1433747.92

Forgiveness Date

11/24/2020

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