PPP Loan information for Faith lutheran church spencer

$40,000

Faith lutheran church spencer was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/07/2020 by The Farmers Savings Bank reported 6 jobs and $40,000 was used to fund payroll.

Faith lutheran church spencer is Existing or more than 2 years old

FAITH LUTHERAN CHURCH SPENCER

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FAITH LUTHERAN CHURCH SPENCER

Borrower Address

2912 HIGHWAY BLVD

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-2154

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25018

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

10 Highway Ave NW

Servicing Lender City

FOSTORIA

Servicing Lender State

IA

Servicing Lender Zip

51340

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-2154

CD

IA-04

Jobs Reported

6

NAICS Code

813110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

32000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25018

Originating Lender

Farmers Savings Bank

Originating Lender City

FOSTORIA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40252.22

Forgiveness Date

11/23/2020

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