PPP Loan information for Cornerstone parking group inc

$1,983,500

Cornerstone parking group inc was initially approved for PPP Loan of amount $1,983,500, the current approved amount is $1,983,500. The loan was approved on 04/03/2020 by The Merchants Bank, National Association reported 250 jobs and $1,983,500 was used to fund payroll.

Cornerstone parking group inc is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Cornerstone parking group inc

CORNERSTONE PARKING GROUP INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNERSTONE PARKING GROUP INC

Borrower Address

6474 CITY WEST PARKWAY

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3245

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1983500.00

Current Approval Amount

1983500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3245

CD

MN-03

Jobs Reported

250

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

49586.00

Payroll Proceed

1487639.00

Mortgage Interest Proceed

0.00

Rent Proceed

446275.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2002839.12

Forgiveness Date

03/31/2021

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