PPP Loan information for Cornerstone senior living, llc

$156,600

Cornerstone senior living, llc was initially approved for PPP Loan of amount $156,600, the current approved amount is $156,600. The loan was approved on 04/06/2020 by The Security Bank USA reported 18 jobs and $156,600 was used to fund payroll.

Cornerstone senior living, llc is Existing or more than 2 years old

PPP Loan Search / MN / BAGLEY / Cornerstone senior living, llc

CORNERSTONE SENIOR LIVING, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNERSTONE SENIOR LIVING, LLC

Borrower Address

421 6TH ST NE

Borrower City

BAGLEY

Borrower State

MN

Borrower Zip

56621-8102

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156600.00

Current Approval Amount

156600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAGLEY

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-8102

CD

MN-08

Jobs Reported

18

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7300.00

Payroll Proceed

132200.00

Mortgage Interest Proceed

7500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8700.00

Debt Interest Proceed

900

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157792.73

Forgiveness Date

01/20/2021

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