PPP Loan information for American lutheran church

$54,540

American lutheran church was initially approved for PPP Loan of amount $54,540, the current approved amount is $54,540. The loan was approved on 04/07/2020 by The First State Bank Southwest reported 17 jobs and $54,540 was used to fund payroll.

American lutheran church is Existing or more than 2 years old

AMERICAN LUTHERAN CHURCH

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN LUTHERAN CHURCH

Borrower Address

915 Winifred Street

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-1554

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54540.00

Current Approval Amount

54540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1554

CD

MN-01

Jobs Reported

17

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3916.00

Payroll Proceed

42066.00

Mortgage Interest Proceed

8558.00

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

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

50826.39

Forgiveness Date

11/05/2020

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