PPP Loan information for Cornerstone foodservice group, inc.

$827,300

Cornerstone foodservice group, inc. was initially approved for PPP Loan of amount $827,300, the current approved amount is $827,300. The loan was approved on 04/05/2020 by The Johnson Bank reported 64 jobs and $827,300 was used to fund payroll.

Cornerstone foodservice group, inc. is Existing or more than 2 years old

CORNERSTONE FOODSERVICE GROUP, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CORNERSTONE FOODSERVICE GROUP, INC.

Borrower Address

127 AMBASSADOR DR 147

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60540-3920

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

827300.00

Current Approval Amount

827300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60540-3920

CD

IL-11

Jobs Reported

64

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

103412.00

Payroll Proceed

620475.00

Mortgage Interest Proceed

0.00

Rent Proceed

103413.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

834235.72

Forgiveness Date

02/18/2021

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