PPP Loan information for Church of sacred heart

$127,000

Church of sacred heart was initially approved for PPP Loan of amount $127,000, the current approved amount is $127,000. The loan was approved on 04/13/2020 by The Magnifi Financial CU reported 21 jobs and $127,000 was used to fund payroll.

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

CHURCH OF SACRED HEART

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

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

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127000.00

Current Approval Amount

127000.00

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

21

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9650.00

Payroll Proceed

117350.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

127852.47

Forgiveness Date

12/21/2020

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