PPP Loan information for Lutheran church of hope

$2,203,600

Lutheran church of hope was initially approved for PPP Loan of amount $2,203,600, the current approved amount is $2,203,600. The loan was approved on 04/05/2020 by The Iowa State Bank reported 155 jobs and $2,203,600 was used to fund payroll.

Lutheran church of hope is Existing or more than 2 years old

PPP Loan Search / IA / WEST DES MOINES / Lutheran church of hope

LUTHERAN CHURCH OF HOPE

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LUTHERAN CHURCH OF HOPE

Borrower Address

925 JORDAN CREEK PKWY

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50266-5952

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2203600.00

Current Approval Amount

2203600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

DALLAS

Project State

IA

Project Zip

50266-5952

CD

IA-03

Jobs Reported

155

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2203600.00

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

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2228896.12

Forgiveness Date

06/09/2021

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