PPP Loan information for Cornerstone tool & mfg inc

$34,505

Cornerstone tool & mfg inc was initially approved for PPP Loan of amount $34,505, the current approved amount is $34,505. The loan was approved on 04/27/2020 by The First State Bank of DeKalb County reported 3 jobs and $34,505 was used to fund payroll.

Cornerstone tool & mfg inc is Existing or more than 2 years old

PPP Loan Search / AL / FORT PAYNE / Cornerstone tool & mfg inc

CORNERSTONE TOOL & MFG INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CORNERSTONE TOOL & MFG INC

Borrower Address

4414 C GAULT AVE N

Borrower City

FORT PAYNE

Borrower State

AL

Borrower Zip

35967-8102

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34505.44

Current Approval Amount

34505.44

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1980

Servicing Lender Name

First State Bank of DeKalb County

Servicing Lender Address

500 Gault Ave S

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-1708

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT PAYNE

Project County Name

DE KALB

Project State

AL

Project Zip

35967-8102

CD

AL-04

Jobs Reported

3

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8626.36

Payroll Proceed

25879.08

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

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34780.08

Forgiveness Date

02/09/2021

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