Cornerstone Nursing & Rehab
$520,100 PPP Loan in Bagley, Minnesota
Loan Details
- Loan Number
- 6272227002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $520,100
- Current Approval
- $520,100
- Forgiveness Amount
- $524,061
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cornerstone Nursing & Rehab
- Address
- 416 7th St NE
- City
- Bagley
- State
- Minnesota
- ZIP Code
- 56621-8108
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Health Care and Social Assistance (623312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $9.2M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $407,000
- Utilities
- $15,900
- Health Care
- $66,200
- Mortgage Interest
- $31,000
Lender Information
- Servicing Lender
- Security Bank USA
- Originating Lender
- Security Bank USA
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