PPP Loan information for New hope church efca

$583,690

New hope church efca was initially approved for PPP Loan of amount $583,690, the current approved amount is $583,690. The loan was approved on 04/10/2020 by The Granite Bank reported 54 jobs and $583,690 was used to fund payroll.

New hope church efca is Existing or more than 2 years old

NEW HOPE CHURCH EFCA

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW HOPE CHURCH EFCA

Borrower Address

4225 GETTYSBURG AVE N

Borrower City

NEW HOPE

Borrower State

MN

Borrower Zip

55428-4742

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583690.00

Current Approval Amount

583690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HOPE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55428-4742

CD

MN-05

Jobs Reported

54

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

583690.00

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

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

586932.72

Forgiveness Date

11/12/2020

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