PPP Loan information for Resurrection life full gospel church

$1,326,837

Resurrection life full gospel church was initially approved for PPP Loan of amount $1,326,837, the current approved amount is $1,326,837. The loan was approved on 04/07/2020 by The Mercantile Bank reported 130 jobs and $1,326,837 was used to fund payroll.

Resurrection life full gospel church is Existing or more than 2 years old

RESURRECTION LIFE FULL GOSPEL CHURCH

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RESURRECTION LIFE FULL GOSPEL CHURCH

Borrower Address

5100 IVANREST AVE

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-9324

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1326837.00

Current Approval Amount

1326837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-9324

CD

MI-02

Jobs Reported

130

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

110000.00

Payroll Proceed

1020000.00

Mortgage Interest Proceed

66837.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1334216.39

Forgiveness Date

11/03/2020

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