PPP Loan information for Resonate church

$131,315

Resonate church was initially approved for PPP Loan of amount $131,315, the current approved amount is $131,315. The loan was approved on 04/14/2020 by The Independent Bank reported 26 jobs and $131,315 was used to fund payroll.

Resonate church is Existing or more than 2 years old

RESONATE CHURCH

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RESONATE CHURCH

Borrower Address

302 E 68TH ST

Borrower City

NEWAYGO

Borrower State

MI

Borrower Zip

49337-9785

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131315.00

Current Approval Amount

131315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWAYGO

Project County Name

NEWAYGO

Project State

MI

Project Zip

49337-9785

CD

MI-02

Jobs Reported

26

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131315.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

132037.23

Forgiveness Date

11/05/2020

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