PPP Loan information for Peace lutheran church

$75,000

Peace lutheran church was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/09/2020 by The Lake Region Bank reported 6 jobs and $75,000 was used to fund payroll.

Peace lutheran church is Existing or more than 2 years old

PEACE LUTHERAN CHURCH

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEACE LUTHERAN CHURCH

Borrower Address

100 4th Avenue SW

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-8617

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8617

CD

MN-07

Jobs Reported

6

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

60000.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

75456.25

Forgiveness Date

11/19/2020

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