PPP Loan information for Redemption church

$344,700

Redemption church was initially approved for PPP Loan of amount $344,700, the current approved amount is $344,700. The loan was approved on 04/10/2020 by The BankPlus reported 124 jobs and $344,700 was used to fund payroll.

Redemption church is Existing or more than 2 years old

REDEMPTION CHURCH

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REDEMPTION CHURCH

Borrower Address

1251 INDUSTRIAL PKWY

Borrower City

SARALAND

Borrower State

AL

Borrower Zip

36571-3723

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344700.00

Current Approval Amount

344700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARALAND

Project County Name

MOBILE

Project State

AL

Project Zip

36571-3723

CD

AL-01

Jobs Reported

124

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23181.47

Payroll Proceed

278002.47

Mortgage Interest Proceed

8686.00

Rent Proceed

13650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21180.06

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

346576.70

Forgiveness Date

11/03/2020

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