PPP Loan information for Hope reformed church

$70,000

Hope reformed church was initially approved for PPP Loan of amount $78,500, the current approved amount is $70,000. The loan was approved on 04/03/2020 by The Farmers Trust and Savings Bank reported 9 jobs and $70,000 was used to fund payroll.

Hope reformed church is Existing or more than 2 years old

HOPE REFORMED CHURCH

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOPE REFORMED CHURCH

Borrower Address

919 Grand Ave

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-3633

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78500.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

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

51301-3633

CD

IA-04

Jobs Reported

9

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

71197.78

Forgiveness Date

12/22/2021

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