PPP Loan information for Faith baptist church of waterford, michigan

$375,242

Faith baptist church of waterford, michigan was initially approved for PPP Loan of amount $375,242, the current approved amount is $375,242. The loan was approved on 04/13/2020 by The Thumb Bank & Trust reported 43 jobs and $375,242 was used to fund payroll.

Faith baptist church of waterford, michigan is Existing or more than 2 years old

FAITH BAPTIST CHURCH OF WATERFORD, MICHIGAN

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FAITH BAPTIST CHURCH OF WATERFORD, MICHIGAN

Borrower Address

8393 E. HOLLY RD

Borrower City

HOLLY

Borrower State

MI

Borrower Zip

48442-8819

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375242.00

Current Approval Amount

375242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLY

Project County Name

OAKLAND

Project State

MI

Project Zip

48442-8819

CD

MI-09

Jobs Reported

43

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

281385.00

Mortgage Interest Proceed

38857.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

378202.81

Forgiveness Date

02/09/2021

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