PPP Loan information for Crosstimbers community church

$550,000

Crosstimbers community church was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/08/2020 by The Independent Bank reported 82 jobs and $550,000 was used to fund payroll.

Crosstimbers community church is Existing or more than 2 years old

CROSSTIMBERS COMMUNITY CHURCH

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CROSSTIMBERS COMMUNITY CHURCH

Borrower Address

1119 US HIGHWAY 377

Borrower City

ARGYLE

Borrower State

TX

Borrower Zip

76226-7742

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARGYLE

Project County Name

DENTON

Project State

TX

Project Zip

76226-7742

CD

TX-26

Jobs Reported

82

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

532000.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

555805.56

Forgiveness Date

05/06/2021

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