PPP Loan information for Covenant presbyterian church

$227,642

Covenant presbyterian church was initially approved for PPP Loan of amount $167,685, the current approved amount is $227,642. The loan was approved on 04/29/2020 by The Farmers & Merchants Bank reported 28 jobs and $227,642 was used to fund payroll.

Covenant presbyterian church is Existing or more than 2 years old

COVENANT PRESBYTERIAN CHURCH

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COVENANT PRESBYTERIAN CHURCH

Borrower Address

32 SOUTHGATE CT, Suite 101

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22801-9667

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167685.00

Current Approval Amount

227642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-9667

CD

VA-06

Jobs Reported

28

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227642.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

229526.37

Forgiveness Date

02/24/2021

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