PPP Loan information for Cornerstone construction

$310,817

Cornerstone construction was initially approved for PPP Loan of amount $310,817, the current approved amount is $310,817. The loan was approved on 01/31/2021 by The Eastern Bank reported 20 jobs and $310,817 was used to fund payroll.

Cornerstone construction is Existing or more than 2 years old

PPP Loan Search / MA / Woburn / Cornerstone construction

CORNERSTONE CONSTRUCTION

Date Approved

01/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CORNERSTONE CONSTRUCTION

Borrower Address

9 Presidential Way Ste F

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-1092

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310817.00

Current Approval Amount

310817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1092

CD

MA-05

Jobs Reported

20

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

310817.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

313605.72

Forgiveness Date

12/23/2021

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