PPP Loan information for First united methodist church

$81,200

First united methodist church was initially approved for PPP Loan of amount $81,200, the current approved amount is $81,200. The loan was approved on 04/05/2020 by The Farmers State Bank reported 7 jobs and $81,200 was used to fund payroll.

First united methodist church is Existing or more than 2 years old

PPP Loan Search / IA / MARION / First united methodist church

FIRST UNITED METHODIST CHURCH

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH

Borrower Address

1298 7TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-2605

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81200.00

Current Approval Amount

81200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-2605

CD

IA-02

Jobs Reported

7

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

8700.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

81741.33

Forgiveness Date

12/14/2020

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