PPP Loan information for Cornerstone missions, inc.

$419,985

Cornerstone missions, inc. was initially approved for PPP Loan of amount $419,985, the current approved amount is $419,985. The loan was approved on 04/29/2020 by The Truist Bank reported 70 jobs and $419,985 was used to fund payroll.

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

CORNERSTONE MISSIONS, INC.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE MISSIONS, INC.

Borrower Address

5306 LEE HIGHWAY

Borrower City

WARRENTON

Borrower State

VA

Borrower Zip

20187

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419985.00

Current Approval Amount

419985.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARRENTON

Project County Name

FAUQUIER

Project State

VA

Project Zip

20187-1201

CD

VA-10

Jobs Reported

70

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

419985.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

423228.22

Forgiveness Date

02/11/2021

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