PPP Loan information for Bereean baptist church

$161,600

Bereean baptist church was initially approved for PPP Loan of amount $161,600, the current approved amount is $161,600. The loan was approved on 04/06/2020 by The Northwest Bank of Rockford reported 40 jobs and $161,600 was used to fund payroll.

Bereean baptist church is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Bereean baptist church

BEREEAN BAPTIST CHURCH

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEREEAN BAPTIST CHURCH

Borrower Address

5626 Safford Rd

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61101-2259

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161600.00

Current Approval Amount

161600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61101-2259

CD

IL-16

Jobs Reported

40

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

162978.09

Forgiveness Date

02/17/2021

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