PPP Loan information for Grace lutheran church

$98,543

Grace lutheran church was initially approved for PPP Loan of amount $98,543, the current approved amount is $98,543. The loan was approved on 01/16/2021 by The First Farmers & Merchants State Bank reported 12 jobs and $98,543 was used to fund payroll.

Grace lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / Albert Lea / Grace lutheran church

GRACE LUTHERAN CHURCH

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRACE LUTHERAN CHURCH

Borrower Address

918 Garfield Ave

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-3654

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98542.50

Current Approval Amount

98542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36685

Servicing Lender Name

First Farmers & Merchants State Bank

Servicing Lender Address

106 W Main St

Servicing Lender City

BROWNSDALE

Servicing Lender State

MN

Servicing Lender Zip

55918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3654

CD

MN-01

Jobs Reported

12

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98542.50

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

36685

Originating Lender

First Farmers & Merchants State Bank

Originating Lender City

BROWNSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

98922.98

Forgiveness Date

06/15/2021

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