PPP Loan information for Branchline church

$53,035

Branchline church was initially approved for PPP Loan of amount $53,035, the current approved amount is $53,035. The loan was approved on 04/11/2020 by The Vermillion State Bank reported 6 jobs and $53,035 was used to fund payroll.

Branchline church is New Business or 2 years or less

PPP Loan Search / MN / HASTINGS / Branchline church

BRANCHLINE CHURCH

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRANCHLINE CHURCH

Borrower Address

518 2nd St E

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-1109

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53035.00

Current Approval Amount

53035.00

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

New Business or 2 years or less

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-1109

CD

MN-02

Jobs Reported

6

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2320.00

Payroll Proceed

50715.00

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

53423.92

Forgiveness Date

01/07/2021

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