PPP Loan information for Cornerstone medical group, pc

$397,302

Cornerstone medical group, pc was initially approved for PPP Loan of amount $397,302, the current approved amount is $397,302. The loan was approved on 04/08/2020 by The First Horizon Bank reported 32 jobs and $397,302 was used to fund payroll.

Cornerstone medical group, pc is Existing or more than 2 years old

CORNERSTONE MEDICAL GROUP, PC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CORNERSTONE MEDICAL GROUP, PC

Borrower Address

1107 Memorial Dr. Suite 300

Borrower City

DALTON

Borrower State

GA

Borrower Zip

30720-8662

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397302.00

Current Approval Amount

397302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALTON

Project County Name

WHITFIELD

Project State

GA

Project Zip

30720-8662

CD

GA-14

Jobs Reported

32

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308219.00

Mortgage Interest Proceed

0.00

Rent Proceed

45083.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402367.60

Forgiveness Date

08/02/2021

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