PPP Loan information for The lutheran home for the aged

$1,576,000

The lutheran home for the aged was initially approved for PPP Loan of amount $1,576,000, the current approved amount is $1,576,000. The loan was approved on 04/06/2020 by The Marquette Savings Bank reported 176 jobs and $1,576,000 was used to fund payroll.

The lutheran home for the aged is Existing or more than 2 years old

THE LUTHERAN HOME FOR THE AGED

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

THE LUTHERAN HOME FOR THE AGED

Borrower Address

100 STATE ST Suite 200

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16507-1432

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1576000.00

Current Approval Amount

1576000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87473

Servicing Lender Name

Marquette Savings Bank

Servicing Lender Address

920 Peach St

Servicing Lender City

ERIE

Servicing Lender State

PA

Servicing Lender Zip

16501-1404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16507-1432

CD

PA-16

Jobs Reported

176

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1576000.00

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

87473

Originating Lender

Marquette Savings Bank

Originating Lender City

ERIE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1586319.56

Forgiveness Date

12/14/2020

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