PPP Loan information for Cornerstone properties, inc.

$173,500

Cornerstone properties, inc. was initially approved for PPP Loan of amount $173,500, the current approved amount is $173,500. The loan was approved on 04/03/2020 by The PeoplesBank reported 11 jobs and $173,500 was used to fund payroll.

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

PPP Loan Search / CT / FARMINGTON / Cornerstone properties, inc.

CORNERSTONE PROPERTIES, INC.

Date Approved

04/03/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CORNERSTONE PROPERTIES, INC.

Borrower Address

231 FARMINGTON AVE

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06032-1915

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173500.00

Current Approval Amount

173500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-1915

CD

CT-05

Jobs Reported

11

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173500.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174478.35

Forgiveness Date

11/03/2020

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