PPP Loan information for Grace presbyterian church

$45,000

Grace presbyterian church was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 4 jobs and $45,000 was used to fund payroll.

Grace presbyterian church is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Grace presbyterian church

GRACE PRESBYTERIAN CHURCH

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GRACE PRESBYTERIAN CHURCH

Borrower Address

40 VILLAGE WAY

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-3794

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-3794

CD

VA-06

Jobs Reported

4

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3100.00

Payroll Proceed

38800.00

Mortgage Interest Proceed

3100.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

45252.74

Forgiveness Date

11/05/2020

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