PPP Loan information for Edenton street united methodist church

$400,100

Edenton street united methodist church was initially approved for PPP Loan of amount $400,200, the current approved amount is $400,100. The loan was approved on 04/10/2020 by The TowneBank reported 56 jobs and $400,100 was used to fund payroll.

Edenton street united methodist church is Existing or more than 2 years old

EDENTON STREET UNITED METHODIST CHURCH

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

EDENTON STREET UNITED METHODIST CHURCH

Borrower Address

228 W. Edenton Street

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27603-1714

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400200.00

Current Approval Amount

400100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27603-1714

CD

NC-13

Jobs Reported

56

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

402756.22

Forgiveness Date

12/17/2020

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