PPP Loan information for The compass umc

$230,645

The compass umc was initially approved for PPP Loan of amount $230,645, the current approved amount is $230,645. The loan was approved on 04/07/2020 by The First Merchants Bank reported 67 jobs and $230,645 was used to fund payroll.

The compass umc is Existing or more than 2 years old

THE COMPASS UMC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE COMPASS UMC

Borrower Address

400 N CR 600 E

Borrower City

SELMA

Borrower State

IN

Borrower Zip

47383

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230645.00

Current Approval Amount

230645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DELAWARE

Project State

IN

Project Zip

47383-0001

CD

IN-05

Jobs Reported

67

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230645.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

232850.35

Forgiveness Date

03/31/2021

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