PPP Loan information for United methodist church of gulf shores

$191,600

United methodist church of gulf shores was initially approved for PPP Loan of amount $191,600, the current approved amount is $191,600. The loan was approved on 04/07/2020 by The Merchants & Marine Bank reported 53 jobs and $191,600 was used to fund payroll.

United methodist church of gulf shores is Existing or more than 2 years old

UNITED METHODIST CHURCH OF GULF SHORES

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

UNITED METHODIST CHURCH OF GULF SHORES

Borrower Address

1900 GULF SHORES PKWY

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542-3402

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191600.00

Current Approval Amount

191600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-3402

CD

AL-01

Jobs Reported

53

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7900.00

Payroll Proceed

153700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

30000

Business Type

Non-Profit Organization

Originating Lender Location Id

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

182840.93

Forgiveness Date

12/17/2020

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