PPP Loan information for Cornerstone wealth llc

$75,000

Cornerstone wealth llc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 6 jobs and $75,000 was used to fund payroll.

Cornerstone wealth llc is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / Cornerstone wealth llc

CORNERSTONE WEALTH LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNERSTONE WEALTH LLC

Borrower Address

4804 COURTHOUSE ST Suite 4A

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188-2675

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-2675

CD

VA-01

Jobs Reported

6

NAICS Code

523920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

64450.00

Mortgage Interest Proceed

0.00

Rent Proceed

7150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75468.75

Forgiveness Date

11/23/2020

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