PPP Loan information for Grace lutheran church

$242,832

Grace lutheran church was initially approved for PPP Loan of amount $242,832, the current approved amount is $242,832. The loan was approved on 04/09/2020 by The Premier Bank of the South reported 50 jobs and $242,832 was used to fund payroll.

Grace lutheran church is Existing or more than 2 years old

GRACE LUTHERAN CHURCH

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GRACE LUTHERAN CHURCH

Borrower Address

3321 MEMORIAL PKWY SW

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35801-5342

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242832.00

Current Approval Amount

242832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112149

Servicing Lender Name

Premier Bank of the South

Servicing Lender Address

101 First Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3425

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35801-5342

CD

AL-05

Jobs Reported

50

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

194266.00

Mortgage Interest Proceed

0.00

Rent Proceed

24566.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112149

Originating Lender

Premier Bank of the South

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

244228.28

Forgiveness Date

11/03/2020

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