PPP Loan information for Adel faith lutheran church

$56,100

Adel faith lutheran church was initially approved for PPP Loan of amount $56,100, the current approved amount is $56,100. The loan was approved on 04/14/2020 by The Raccoon Valley Bank reported 9 jobs and $56,100 was used to fund payroll.

Adel faith lutheran church is Existing or more than 2 years old

ADEL FAITH LUTHERAN CHURCH

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADEL FAITH LUTHERAN CHURCH

Borrower Address

602 S ORCHARD ST

Borrower City

ADEL

Borrower State

IA

Borrower Zip

50003-2004

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56100.00

Current Approval Amount

56100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADEL

Project County Name

DALLAS

Project State

IA

Project Zip

50003-2004

CD

IA-03

Jobs Reported

9

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56100.00

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

Non-Profit Organization

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

56544.12

Forgiveness Date

02/03/2021

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