PPP Loan information for Sovereign grace church

$48,287

Sovereign grace church was initially approved for PPP Loan of amount $48,287, the current approved amount is $48,287. The loan was approved on 04/06/2020 by The Sterling State Bank reported 5 jobs and $48,287 was used to fund payroll.

Sovereign grace church is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Sovereign grace church

SOVEREIGN GRACE CHURCH

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOVEREIGN GRACE CHURCH

Borrower Address

500 E TRAVELERS TRL STE 160

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-7500

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48287.00

Current Approval Amount

48287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-7500

CD

MN-02

Jobs Reported

5

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48287.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

48820.84

Forgiveness Date

05/13/2021

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