PPP Loan information for Inter-faith alliance corporation

$61,750

Inter-faith alliance corporation was initially approved for PPP Loan of amount $61,750, the current approved amount is $61,750. The loan was approved on 08/06/2020 by The Mountain Bizcapital, Inc. reported 16 jobs and $61,750 was used to fund payroll.

Inter-faith alliance corporation is Existing or more than 2 years old

INTER-FAITH ALLIANCE CORPORATION

Date Approved

08/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INTER-FAITH ALLIANCE CORPORATION

Borrower Address

1100 BUFFALO ST

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28150-4050

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61750.00

Current Approval Amount

61750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447221

Servicing Lender Name

Mountain Bizcapital, Inc.

Servicing Lender Address

153 South Lexington Avenue

Servicing Lender City

Asheville

Servicing Lender State

NC

Servicing Lender Zip

28801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-4050

CD

NC-10

Jobs Reported

16

NAICS Code

624221

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61750.00

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

447221

Originating Lender

Mountain Bizcapital, Inc.

Originating Lender City

Asheville

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

62034.22

Forgiveness Date

01/25/2021

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