PPP Loan information for Salem lutheran church

$30,300

Salem lutheran church was initially approved for PPP Loan of amount $42,900, the current approved amount is $30,300. The loan was approved on 04/27/2020 by The Manufacturers Bank & Trust Company reported 7 jobs and $30,300 was used to fund payroll.

Salem lutheran church is Existing or more than 2 years old

SALEM LUTHERAN CHURCH

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SALEM LUTHERAN CHURCH

Borrower Address

401 S LAKE ST

Borrower City

LAKE MILLS

Borrower State

IA

Borrower Zip

50450-1607

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42900.00

Current Approval Amount

30300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE MILLS

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50450-1607

CD

IA-04

Jobs Reported

7

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5725.00

Payroll Proceed

19575.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

30565.97

Forgiveness Date

03/22/2021

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