PPP Loan information for Memorial baptist church

$52,433

Memorial baptist church was initially approved for PPP Loan of amount $52,433, the current approved amount is $52,433. The loan was approved on 04/14/2020 by The City National Bank of West Virginia reported 7 jobs and $52,433 was used to fund payroll.

Memorial baptist church is Existing or more than 2 years old

MEMORIAL BAPTIST CHURCH

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MEMORIAL BAPTIST CHURCH

Borrower Address

224 TAYLOR ST

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-3514

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52432.50

Current Approval Amount

52432.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-3514

CD

VA-06

Jobs Reported

7

NAICS Code

813110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9437.85

Payroll Proceed

41946.00

Mortgage Interest Proceed

1048.65

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

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

52681.55

Forgiveness Date

10/13/2020

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