PPP Loan information for Rose of sharon lutheran church

$108,200

Rose of sharon lutheran church was initially approved for PPP Loan of amount $108,200, the current approved amount is $108,200. The loan was approved on 04/10/2020 by The Merchants Bank, National Association reported 15 jobs and $108,200 was used to fund payroll.

Rose of sharon lutheran church is Existing or more than 2 years old

ROSE OF SHARON LUTHERAN CHURCH

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROSE OF SHARON LUTHERAN CHURCH

Borrower Address

6875 Jamaica Avenue S

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016-5761

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108200.00

Current Approval Amount

108200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-5761

CD

MN-02

Jobs Reported

15

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3800.00

Payroll Proceed

101900.00

Mortgage Interest Proceed

2500.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

109155.77

Forgiveness Date

03/05/2021

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