PPP Loan information for Racine vocational ministry, inc

$70,500

Racine vocational ministry, inc was initially approved for PPP Loan of amount $70,500, the current approved amount is $70,500. The loan was approved on 04/13/2020 by The Johnson Bank reported 7 jobs and $70,500 was used to fund payroll.

Racine vocational ministry, inc is Existing or more than 2 years old

RACINE VOCATIONAL MINISTRY, INC

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE VOCATIONAL MINISTRY, INC

Borrower Address

214 7TH ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53403-1219

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

70500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53403-1219

CD

WI-01

Jobs Reported

7

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8812.50

Payroll Proceed

52875.00

Mortgage Interest Proceed

8812.50

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

71191.48

Forgiveness Date

04/15/2021

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