PPP Loan information for Praise chapel, inc.

$65,600

Praise chapel, inc. was initially approved for PPP Loan of amount $65,600, the current approved amount is $65,600. The loan was approved on 04/13/2020 by The Community National Bank reported 14 jobs and $65,600 was used to fund payroll.

Praise chapel, inc. is Existing or more than 2 years old

PPP Loan Search / VT / WHITE RIVER JUNCTION / Praise chapel, inc.

PRAISE CHAPEL, INC.

Date Approved

04/13/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

PRAISE CHAPEL, INC.

Borrower Address

1615 Maple St. PO Box 620

Borrower City

WHITE RIVER JUNCTION

Borrower State

VT

Borrower Zip

05001

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65600.00

Current Approval Amount

65600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE RIVER JUNCTION

Project County Name

WINDSOR

Project State

VT

Project Zip

05001-0001

CD

VT-

Jobs Reported

14

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6080.00

Payroll Proceed

52520.00

Mortgage Interest Proceed

7000.00

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

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

66031.34

Forgiveness Date

12/21/2020

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