PPP Loan information for Cornerstone holdings inc

$41,300

Cornerstone holdings inc was initially approved for PPP Loan of amount $41,300, the current approved amount is $41,300. The loan was approved on 02/11/2021 by The Bank of the Southwest reported 5 jobs and $41,300 was used to fund payroll.

Cornerstone holdings inc is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / Cornerstone holdings inc

CORNERSTONE HOLDINGS INC

Date Approved

02/11/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CORNERSTONE HOLDINGS INC

Borrower Address

802 E 20th St

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-4207

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41300.00

Current Approval Amount

41300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-4207

CD

NM-03

Jobs Reported

5

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41297.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41630.40

Forgiveness Date

12/07/2021

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