PPP Loan information for United methodist church of albert lea

$52,500

United methodist church of albert lea was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/07/2020 by The Arcadian Bank reported 16 jobs and $52,500 was used to fund payroll.

United methodist church of albert lea is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / United methodist church of albert lea

UNITED METHODIST CHURCH OF ALBERT LEA

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNITED METHODIST CHURCH OF ALBERT LEA

Borrower Address

702 HIGHWAY 69 S

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1813

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1813

CD

MN-01

Jobs Reported

16

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

46000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1500.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

52799.18

Forgiveness Date

11/12/2020

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