PPP Loan information for Cornerstone rack and tooling l

$552,400

Cornerstone rack and tooling l was initially approved for PPP Loan of amount $566,100, the current approved amount is $552,400. The loan was approved on 04/11/2020 by The First Farmers and Merchants Bank reported 52 jobs and $552,400 was used to fund payroll.

Cornerstone rack and tooling l is Existing or more than 2 years old

PPP Loan Search / TN / LAWRENCEBURG / Cornerstone rack and tooling l

CORNERSTONE RACK AND TOOLING L

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CORNERSTONE RACK AND TOOLING L

Borrower Address

2006 Remke Avenue

Borrower City

LAWRENCEBURG

Borrower State

TN

Borrower Zip

38464-2244

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566100.00

Current Approval Amount

552400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEBURG

Project County Name

LAWRENCE

Project State

TN

Project Zip

38464-2244

CD

TN-07

Jobs Reported

52

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

552400.00

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

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

545353.07

Forgiveness Date

11/03/2020

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