PPP Loan information for First united methodist church

$386,280

First united methodist church was initially approved for PPP Loan of amount $386,280, the current approved amount is $386,280. The loan was approved on 04/07/2020 by The First Horizon Bank reported 58 jobs and $386,280 was used to fund payroll.

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

FIRST UNITED METHODIST CHURCH

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH

Borrower Address

120 Aldersgate Way

Borrower City

FRANKLIN

Borrower State

TN

Borrower Zip

37069-1430

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386280.00

Current Approval Amount

386280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37069-1430

CD

TN-07

Jobs Reported

58

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

314780.00

Mortgage Interest Proceed

30000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16500.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

388865.93

Forgiveness Date

12/21/2020

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