Date Approved
07/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
CORNERSTONE CHURCH OF LITCHFIELD, MINNESOTA
Borrower Address
205 CSAH 34
Borrower City
LITCHFIELD
Borrower State
MN
Borrower Zip
55355-5259
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
147062.50
Current Approval Amount
173535.10
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38267
Servicing Lender Name
Home State Bank
Servicing Lender Address
1435 E Hwy 12
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55355-5328
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MEEKER
Project State
Project Zip
CD
MN-07
Jobs Reported
18
NAICS Code
813110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3422.00
Payroll Proceed
153113.10
Mortgage Interest Proceed
8000.00
Rent Proceed
9000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
174378.67
Forgiveness Date
01/27/2021