PPP Loan information for Cornerstone systems inc

$2,932,900

Cornerstone systems inc was initially approved for PPP Loan of amount $2,932,900, the current approved amount is $2,932,900. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 191 jobs and $2,932,900 was used to fund payroll.

Cornerstone systems inc is Unanswered

PPP Loan Search / TN / MEMPHIS / Cornerstone systems inc

CORNERSTONE SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CORNERSTONE SYSTEMS INC

Borrower Address

3250 Players Club Parkway

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38125

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2932900.00

Current Approval Amount

2932900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38125-0001

CD

TN-09

Jobs Reported

191

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2932900.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2967035.70

Forgiveness Date

06/09/2021

;