PPP Loan information for Cornerstone senior communities of remsen

$369,400

Cornerstone senior communities of remsen was initially approved for PPP Loan of amount $369,400, the current approved amount is $369,400. The loan was approved on 04/06/2020 by The Iowa State Bank reported 82 jobs and $369,400 was used to fund payroll.

Cornerstone senior communities of remsen is Existing or more than 2 years old

PPP Loan Search / IA / REMSEN / Cornerstone senior communities of remsen

CORNERSTONE SENIOR COMMUNITIES OF REMSEN

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CORNERSTONE SENIOR COMMUNITIES OF REMSEN

Borrower Address

423 Roosevelt St P O Box 80

Borrower City

REMSEN

Borrower State

IA

Borrower Zip

51050-1074

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369400.00

Current Approval Amount

369400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REMSEN

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51050-1074

CD

IA-04

Jobs Reported

82

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369400.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

373011.91

Forgiveness Date

04/01/2021

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