PPP Loan information for Church project

$320,491

Church project was initially approved for PPP Loan of amount $320,491, the current approved amount is $320,491. The loan was approved on 04/10/2020 by The Texas Capital Bank reported 21 jobs and $320,491 was used to fund payroll.

Church project is Existing or more than 2 years old

CHURCH PROJECT

Date Approved

04/10/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

CHURCH PROJECT

Borrower Address

295 Sawdust Road

Borrower City

SPRING

Borrower State

TX

Borrower Zip

77380-2219

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320491.23

Current Approval Amount

320491.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING

Project County Name

MONTGOMERY

Project State

TX

Project Zip

77380-2219

CD

TX-02

Jobs Reported

21

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14991.23

Payroll Proceed

279999.77

Mortgage Interest Proceed

18000.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

324064.69

Forgiveness Date

06/01/2021

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