PPP Loan information for Cornerstone community church of manchester

$59,200

Cornerstone community church of manchester was initially approved for PPP Loan of amount $59,200, the current approved amount is $59,200. The loan was approved on 04/13/2020 by The Farmers & Merchants Savings Bank reported 3 jobs and $59,200 was used to fund payroll.

Cornerstone community church of manchester is Existing or more than 2 years old

CORNERSTONE COMMUNITY CHURCH OF MANCHESTER

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CORNERSTONE COMMUNITY CHURCH OF MANCHESTER

Borrower Address

18141 222ND ST

Borrower City

MANCHESTER

Borrower State

IA

Borrower Zip

52057-8631

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59200.00

Current Approval Amount

59200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-8631

CD

IA-02

Jobs Reported

3

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59200.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

52485.65

Forgiveness Date

11/09/2020

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