PPP Loan information for Grace community church

$245,182

Grace community church was initially approved for PPP Loan of amount $245,182, the current approved amount is $245,182. The loan was approved on 04/14/2020 by The Independent Bank reported 35 jobs and $245,182 was used to fund payroll.

Grace community church is Existing or more than 2 years old

PPP Loan Search / MI / GROSSE POINTE / Grace community church

GRACE COMMUNITY CHURCH

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACE COMMUNITY CHURCH

Borrower Address

21001 MOROSS RD

Borrower City

GROSSE POINTE

Borrower State

MI

Borrower Zip

48236-2029

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245182.00

Current Approval Amount

245182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GROSSE POINTE

Project County Name

WAYNE

Project State

MI

Project Zip

48236-2029

CD

MI-13

Jobs Reported

35

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245182.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

246516.88

Forgiveness Date

11/03/2020

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