PPP Loan information for First evangelical lutheran church of cedar rapids

$206,900

First evangelical lutheran church of cedar rapids was initially approved for PPP Loan of amount $206,900, the current approved amount is $206,900. The loan was approved on 04/06/2020 by The Farmers State Bank reported 16 jobs and $206,900 was used to fund payroll.

First evangelical lutheran church of cedar rapids is Existing or more than 2 years old

FIRST EVANGELICAL LUTHERAN CHURCH OF CEDAR RAPIDS

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FIRST EVANGELICAL LUTHERAN CHURCH OF CEDAR RAPIDS

Borrower Address

1000 3RD AVE SE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52403-2410

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206900.00

Current Approval Amount

206900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52403-2410

CD

IA-02

Jobs Reported

16

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

170900.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

1000

Business Type

Non-Profit Organization

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

208980.49

Forgiveness Date

04/14/2021

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