PPP Loan information for Grace baptist church

$272,080

Grace baptist church was initially approved for PPP Loan of amount $272,080, the current approved amount is $272,080. The loan was approved on 04/28/2020 by The First Merchants Bank reported 71 jobs and $272,080 was used to fund payroll.

Grace baptist church is Existing or more than 2 years old

GRACE BAPTIST CHURCH

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GRACE BAPTIST CHURCH

Borrower Address

6401 W River Rd

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47304

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272079.74

Current Approval Amount

272079.74

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47304-0002

CD

IN-05

Jobs Reported

71

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272079.74

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

273913.48

Forgiveness Date

01/06/2021

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