PPP Loan information for Cornerstone church of litchfield, minnesota

$173,535

Cornerstone church of litchfield, minnesota was initially approved for PPP Loan of amount $147,063, the current approved amount is $173,535. The loan was approved on 07/30/2020 by The Home State Bank reported 18 jobs and $173,535 was used to fund payroll.

Cornerstone church of litchfield, minnesota is Existing or more than 2 years old

CORNERSTONE CHURCH OF LITCHFIELD, MINNESOTA

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

LITCHFIELD

Servicing Lender State

MN

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

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-5259

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

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

174378.67

Forgiveness Date

01/27/2021

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