PPP Loan information for Grace united methodist church

$40,000

Grace united methodist church was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/14/2020 by The Northwest Bank reported 11 jobs and $40,000 was used to fund payroll.

Grace united methodist church is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Grace united methodist church

GRACE UNITED METHODIST CHURCH

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRACE UNITED METHODIST CHURCH

Borrower Address

311 2nd Ave W

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-0011

CD

IA-04

Jobs Reported

11

NAICS Code

813110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

3000.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40263.33

Forgiveness Date

12/16/2020

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