PPP Loan information for Bethel lutheran church

$188,000

Bethel lutheran church was initially approved for PPP Loan of amount $188,000, the current approved amount is $188,000. The loan was approved on 04/04/2020 by The F & M Community Bank, National Association reported 32 jobs and $188,000 was used to fund payroll.

Bethel lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Bethel lutheran church

BETHEL LUTHERAN CHURCH

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BETHEL LUTHERAN CHURCH

Borrower Address

810 3RD AVE SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-4606

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188000.00

Current Approval Amount

188000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-4606

CD

MN-01

Jobs Reported

32

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

163000.00

Mortgage Interest Proceed

20000.00

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

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

189184.66

Forgiveness Date

11/27/2020

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