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CORNERSTONE BUSINESS ASSOCIATES, INC.

Company Details

Name: CORNERSTONE BUSINESS ASSOCIATES, INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Dissolved
Effective Date: 19 Apr 2017 (8 years ago)
Business ID: 1116807
ZIP code: 38965
County: Yalobusha
State of Incorporation: MISSISSIPPI
Principal Office Address: 50 S Main StreetWater Valley, MS 38965

Agent

Name Role Address
CHRIS WILKINSON Agent 50 S MAIN STREET, WATER VALLEY, MS 38965

Incorporator

Name Role Address
STEVE THOMPSON Incorporator 50 S MAIN STREET, WATER VALLEY, MS 38965

Director

Name Role Address
Steve Thompson Director 50 S Main Street, Water Valley, MS 38965

Filings

Type Status Filed Date Description
Admin Dissolution Filed 2022-11-28 Action of Intent to Dissolve: AR: CORNERSTONE BUSINESS ASSOCIATES, INC.
Notice to Dissolve/Revoke Filed 2022-09-05 Notice of Intent to Dissolve: AR: CORNERSTONE BUSINESS ASSOCIATES, INC.
Annual Report Filed 2021-04-15 Annual Report For CORNERSTONE BUSINESS ASSOCIATES, INC.
Annual Report Filed 2020-04-13 Annual Report For CORNERSTONE BUSINESS ASSOCIATES, INC.
Annual Report Filed 2019-09-05 Annual Report For CORNERSTONE BUSINESS ASSOCIATES, INC.
Notice to Dissolve/Revoke Filed 2019-08-22 Notice to Dissolve/Revoke
Annual Report Filed 2018-04-16 Annual Report For CORNERSTONE BUSINESS ASSOCIATES, INC.
Formation Form Filed 2017-04-19 Formation For CORNERSTONE BUSINESS ASSOCIATES, INC.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6062548601 2021-03-20 0470 PPS 50 S Main St, Water Valley, MS, 38965-2946
Loan Status Date 2022-03-05
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 334854
Loan Approval Amount (current) 334854
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39535
Servicing Lender Name BankFirst Financial Services
Servicing Lender Address 900 Main St, COLUMBUS, MS, 39701-4721
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Water Valley, YALOBUSHA, MS, 38965-2946
Project Congressional District MS-02
Number of Employees 38
NAICS code 621340
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 40056
Originating Lender Name BankFirst Financial Services
Originating Lender Address Water Valley, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 337908.97
Forgiveness Paid Date 2022-02-22
3535227807 2020-05-26 0470 PPP 50 S. Main Street, WATER VALLEY, MS, 38965-2946
Loan Status Date 2021-03-05
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 344000
Loan Approval Amount (current) 344000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39535
Servicing Lender Name BankFirst Financial Services
Servicing Lender Address 900 Main St, COLUMBUS, MS, 39701-4721
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address WATER VALLEY, YALOBUSHA, MS, 38965-2946
Project Congressional District MS-02
Number of Employees 38
NAICS code 621340
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 40056
Originating Lender Name BankFirst Financial Services
Originating Lender Address Water Valley, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 346299.62
Forgiveness Paid Date 2021-02-04

Date of last update: 31 Mar 2025

Sources: Mississippi Secretary of State