PPP Loan information for Ascension lutheran church

$16,500

Ascension lutheran church was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 04/27/2020 by The Farmers State Bank reported 2 jobs and $16,500 was used to fund payroll.

Ascension lutheran church is Existing or more than 2 years old

ASCENSION LUTHERAN CHURCH

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ASCENSION LUTHERAN CHURCH

Borrower Address

2210 GRAND AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-5019

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-5019

CD

IA-02

Jobs Reported

2

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16500.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

16603.12

Forgiveness Date

12/14/2020

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