PPP Loan information for Church of sacred heart

$112,776

Church of sacred heart was initially approved for PPP Loan of amount $112,776, the current approved amount is $112,776. The loan was approved on 02/25/2021 by The Magnifi Financial CU reported 18 jobs and $112,776 was used to fund payroll.

Church of sacred heart is Existing or more than 2 years old

CHURCH OF SACRED HEART

Date Approved

02/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHURCH OF SACRED HEART

Borrower Address

106 3rd Ave NE

Borrower City

Freeport

Borrower State

MN

Borrower Zip

56331-9017

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112776.00

Current Approval Amount

112776.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeport

Project County Name

STEARNS

Project State

MN

Project Zip

56331-9017

CD

MN-07

Jobs Reported

18

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112775.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

113378.50

Forgiveness Date

09/22/2021

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