PPP Loan information for Algoma christian school

$219,529

Algoma christian school was initially approved for PPP Loan of amount $219,529, the current approved amount is $219,529. The loan was approved on 04/14/2020 by The ChoiceOne Bank reported 42 jobs and $219,529 was used to fund payroll.

Algoma christian school is Existing or more than 2 years old

PPP Loan Search / MI / KENT CITY / Algoma christian school

ALGOMA CHRISTIAN SCHOOL

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALGOMA CHRISTIAN SCHOOL

Borrower Address

14471 Sparta Ave

Borrower City

KENT CITY

Borrower State

MI

Borrower Zip

49330-9728

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219529.00

Current Approval Amount

219529.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENT CITY

Project County Name

KENT

Project State

MI

Project Zip

49330-9728

CD

MI-02

Jobs Reported

42

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219529.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

220906.32

Forgiveness Date

12/08/2020

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