PPP Loan information for Edenton street united methodist church

$400,000

Edenton street united methodist church was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 02/04/2021 by The TowneBank reported 45 jobs and $400,000 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

02/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

EDENTON STREET UNITED METHODIST CHURCH

Borrower Address

228 W Edenton St

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27603-1714

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

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

45

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

399998.00

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

402077.78

Forgiveness Date

08/18/2021

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