PPP Loan information for Cornerstone construction

$44,727

Cornerstone construction was initially approved for PPP Loan of amount $44,727, the current approved amount is $44,727. The loan was approved on 04/28/2021 by The Celtic Bank Corporation reported 7 jobs and $44,727 was used to fund payroll.

Cornerstone construction is Existing or more than 2 years old

CORNERSTONE CONSTRUCTION

Date Approved

04/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CORNERSTONE CONSTRUCTION

Borrower Address

39 Prentice Hill Rd

Borrower City

Hebron

Borrower State

CT

Borrower Zip

06248-1128

Loan Status Date

10/19/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

44727.00

Current Approval Amount

44727.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hebron

Project County Name

TOLLAND

Project State

CT

Project Zip

06248-1128

CD

CT-02

Jobs Reported

7

NAICS Code

236115

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44723.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;