PPP Loan information for Branchline church

$39,656

Branchline church was initially approved for PPP Loan of amount $39,656, the current approved amount is $39,656. The loan was approved on 01/20/2021 by The Vermillion State Bank reported 4 jobs and $39,656 was used to fund payroll.

Branchline church is Existing or more than 2 years old

BRANCHLINE CHURCH

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BRANCHLINE CHURCH

Borrower Address

518 2nd St E

Borrower City

Hastings

Borrower State

MN

Borrower Zip

55033-1301

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39656.00

Current Approval Amount

39656.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hastings

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1301

CD

MN-02

Jobs Reported

4

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39656.00

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

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

39848.77

Forgiveness Date

07/26/2021

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