PPP Loan information for Cornerstone public asset fund, inc.

$308,030

Cornerstone public asset fund, inc. was initially approved for PPP Loan of amount $308,030, the current approved amount is $308,030. The loan was approved on 04/09/2020 by The Horizon Bank reported 56 jobs and $308,030 was used to fund payroll.

Cornerstone public asset fund, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BENTON HARBOR / Cornerstone public asset fund, inc.

CORNERSTONE PUBLIC ASSET FUND, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORNERSTONE PUBLIC ASSET FUND, INC.

Borrower Address

201 GRAHAM AVE

Borrower City

BENTON HARBOR

Borrower State

MI

Borrower Zip

49022-3636

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308030.00

Current Approval Amount

308030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTON HARBOR

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-3636

CD

MI-06

Jobs Reported

56

NAICS Code

813312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15401.50

Payroll Proceed

246424.00

Mortgage Interest Proceed

23102.25

Rent Proceed

23102.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309667.20

Forgiveness Date

11/03/2020

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