PPP Loan information for Mt. olive lutheran church & school

$87,500

Mt. olive lutheran church & school was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/14/2020 by The CorTrust Bank National Association reported 20 jobs and $87,500 was used to fund payroll.

Mt. olive lutheran church & school is Existing or more than 2 years old

PPP Loan Search / MN / DELANO / Mt. olive lutheran church & school

MT. OLIVE LUTHERAN CHURCH & SCHOOL

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MT. OLIVE LUTHERAN CHURCH & SCHOOL

Borrower Address

435 BRIDGE AVE E

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-8709

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-8709

CD

MN-06

Jobs Reported

20

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

88324.66

Forgiveness Date

04/01/2021

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