PPP Loan information for First united methodist church

$425,000

First united methodist church was initially approved for PPP Loan of amount $301,644, the current approved amount is $425,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 75 jobs and $425,000 was used to fund payroll.

First united methodist church is New Business or 2 years or less

FIRST UNITED METHODIST CHURCH

Date Approved

05/01/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH

Borrower Address

ATTN LYNDA JOHNSON 300 N MAIN ST

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-4744

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301644.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-4744

CD

TX-11

Jobs Reported

75

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

429971.92

Forgiveness Date

07/09/2021

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