PPP Loan information for Life action ministries

$1,565,717

Life action ministries was initially approved for PPP Loan of amount $1,565,717, the current approved amount is $1,565,717. The loan was approved on 04/15/2020 by The Honor CU reported 164 jobs and $1,565,717 was used to fund payroll.

Life action ministries is Existing or more than 2 years old

LIFE ACTION MINISTRIES

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LIFE ACTION MINISTRIES

Borrower Address

2727 Niles Buchanan Rd

Borrower City

Buchanan

Borrower State

MI

Borrower Zip

49107-8488

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1565717.00

Current Approval Amount

1565717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98710

Servicing Lender Name

Honor CU

Servicing Lender Address

8385 Edgewood Rd

Servicing Lender City

BERRIEN SPRINGS

Servicing Lender State

MI

Servicing Lender Zip

49103-9004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buchanan

Project County Name

BERRIEN

Project State

MI

Project Zip

49107-8488

CD

MI-06

Jobs Reported

164

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1565717.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

98710

Originating Lender

Honor CU

Originating Lender City

BERRIEN SPRINGS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1585063.26

Forgiveness Date

07/20/2021

;