PPP Loan information for Cornerstone montgomery inc

$3,624,980

Cornerstone montgomery inc was initially approved for PPP Loan of amount $3,117,122, the current approved amount is $3,624,980. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 355 jobs and $3,624,980 was used to fund payroll.

Cornerstone montgomery inc is New Business or 2 years or less

PPP Loan Search / MD / ROCKVILLE / Cornerstone montgomery inc

CORNERSTONE MONTGOMERY INC

Date Approved

05/03/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CORNERSTONE MONTGOMERY INC

Borrower Address

2 TAFT CT STE 200

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-1390

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3117122.00

Current Approval Amount

3624980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-1390

CD

MD-08

Jobs Reported

355

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3624980.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3665599.64

Forgiveness Date

06/25/2021

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