PPP Loan information for The life church of memphis

$940,300

The life church of memphis was initially approved for PPP Loan of amount $940,300, the current approved amount is $940,300. The loan was approved on 04/09/2020 by The Truist Bank reported 130 jobs and $940,300 was used to fund payroll.

The life church of memphis is Existing or more than 2 years old

PPP Loan Search / TN / EADS / The life church of memphis

THE LIFE CHURCH OF MEMPHIS

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE LIFE CHURCH OF MEMPHIS

Borrower Address

650 HOUSTON HILL RD

Borrower City

EADS

Borrower State

TN

Borrower Zip

38028-7039

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

940300.00

Current Approval Amount

940300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EADS

Project County Name

SHELBY

Project State

TN

Project Zip

38028-7039

CD

TN-08

Jobs Reported

130

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

940300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

946725.38

Forgiveness Date

12/23/2020

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