PPP Loan information for Life transforming ministries

$50,040

Life transforming ministries was initially approved for PPP Loan of amount $50,040, the current approved amount is $50,040. The loan was approved on 04/15/2020 by The Old Dominion National Bank reported 7 jobs and $50,040 was used to fund payroll.

Life transforming ministries is Existing or more than 2 years old

LIFE TRANSFORMING MINISTRIES

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LIFE TRANSFORMING MINISTRIES

Borrower Address

643 East Lincoln Hwy

Borrower City

Coatesville

Borrower State

PA

Borrower Zip

19320

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50040.00

Current Approval Amount

50040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coatesville

Project County Name

CHESTER

Project State

PA

Project Zip

19320-0001

CD

PA-06

Jobs Reported

7

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50040.00

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50345.72

Forgiveness Date

12/03/2020

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