PPP Loan information for Cornerstone tool & mfg. inc

$34,465

Cornerstone tool & mfg. inc was initially approved for PPP Loan of amount $34,465, the current approved amount is $34,465. The loan was approved on 05/02/2021 by The First State Bank of DeKalb County reported 3 jobs and $34,465 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

05/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CORNERSTONE TOOL & MFG. INC

Borrower Address

4414 Gault Ave N

Borrower City

Fort Payne

Borrower State

AL

Borrower Zip

35967-8102

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34465.00

Current Approval Amount

34465.00

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

0.00

Payroll Proceed

34465.00

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

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34707.21

Forgiveness Date

01/12/2022

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