PPP Loan information for Grace lutheran church

$73,942

Grace lutheran church was initially approved for PPP Loan of amount $73,942, the current approved amount is $73,942. The loan was approved on 04/09/2020 by The First Farmers & Merchants National Bank reported 8 jobs and $73,942 was used to fund payroll.

Grace lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Grace lutheran church

GRACE LUTHERAN CHURCH

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRACE LUTHERAN CHURCH

Borrower Address

300 S Grant St

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-4108

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73942.00

Current Approval Amount

73942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116933

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

114 S Park St

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-2863

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-4108

CD

MN-01

Jobs Reported

8

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14788.00

Payroll Proceed

59154.00

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

116933

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

64283.02

Forgiveness Date

10/27/2020

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