PPP Loan information for Paynesville lutheran church

$53,800

Paynesville lutheran church was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 12 jobs and $53,800 was used to fund payroll.

Paynesville lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Paynesville lutheran church

PAYNESVILLE LUTHERAN CHURCH

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PAYNESVILLE LUTHERAN CHURCH

Borrower Address

657 MAPLE ST

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-1425

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-1425

CD

MN-07

Jobs Reported

12

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

47800.00

Mortgage Interest Proceed

1000.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54100.69

Forgiveness Date

11/05/2020

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