PPP Loan information for The free methodist foundation

$529,900

The free methodist foundation was initially approved for PPP Loan of amount $529,900, the current approved amount is $529,900. The loan was approved on 04/28/2020 by The Comerica Bank reported 26 jobs and $529,900 was used to fund payroll.

The free methodist foundation is Existing or more than 2 years old

PPP Loan Search / MI / Spring Arbor / The free methodist foundation

THE FREE METHODIST FOUNDATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE FREE METHODIST FOUNDATION

Borrower Address

8050 Spring Arbor Rd.

Borrower City

Spring Arbor

Borrower State

MI

Borrower Zip

49283-9733

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529900.00

Current Approval Amount

529900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring Arbor

Project County Name

JACKSON

Project State

MI

Project Zip

49283-9733

CD

MI-05

Jobs Reported

26

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

423966.00

Mortgage Interest Proceed

105934.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

533256.03

Forgiveness Date

12/15/2020

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