Cornerstone Residence of Bagley,inc.

$111,300 PPP Loan in Bagley, Minnesota

Loan Details

Loan Number
6265897006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$111,300
Current Approval
$111,300
Forgiveness Amount
$112,119
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cornerstone Residence of Bagley,inc.
Address
30 Sunset Ave SW
City
Bagley
ZIP Code
56621-8769
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$84,800
Utilities
$8,700
Health Care
$6,200
Mortgage Interest
$11,600

Lender Information

Servicing Lender
Security Bank USA
Originating Lender
Security Bank USA

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