Cornerstone Senior Living, LLC

$156,600 PPP Loan in Bagley, Minnesota

Loan Details

Loan Number
6259827000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$156,600
Current Approval
$156,600
Forgiveness Amount
$157,793
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cornerstone Senior Living, LLC
Address
421 6th St NE
City
Bagley
ZIP Code
56621-8102
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$132,200
Utilities
$7,300
Health Care
$8,700
Mortgage Interest
$7,500
Debt Interest
$900

Lender Information

Servicing Lender
Security Bank USA
Originating Lender
Security Bank USA

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