PPP Loan information for Grace bible chapel

$50,181

Grace bible chapel was initially approved for PPP Loan of amount $50,181, the current approved amount is $50,181. The loan was approved on 04/07/2020 by The Grand Rapids State Bank reported 4 jobs and $50,181 was used to fund payroll.

Grace bible chapel is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Grace bible chapel

GRACE BIBLE CHAPEL

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRACE BIBLE CHAPEL

Borrower Address

2452 COUNTY ROAD 76

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-8672

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50181.00

Current Approval Amount

50181.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-8672

CD

MN-08

Jobs Reported

4

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50181.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50424.94

Forgiveness Date

10/13/2020

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