PPP Loan information for Redeemer lutheran church

$46,850

Redeemer lutheran church was initially approved for PPP Loan of amount $46,850, the current approved amount is $46,850. The loan was approved on 04/09/2020 by The Time Bank reported 5 jobs and $46,850 was used to fund payroll.

Redeemer lutheran church is Existing or more than 2 years old

REDEEMER LUTHERAN CHURCH

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

REDEEMER LUTHERAN CHURCH

Borrower Address

1006 GILLICK ST

Borrower City

PARK RIDGE

Borrower State

IL

Borrower Zip

60068-4639

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46850.00

Current Approval Amount

46850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RIDGE

Project County Name

COOK

Project State

IL

Project Zip

60068-4639

CD

IL-05

Jobs Reported

5

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

42250.00

Mortgage Interest Proceed

0.00

Rent Proceed

3600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

47345.83

Forgiveness Date

05/04/2021

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