PPP Loan information for We care ministries outreach program

$506,000

We care ministries outreach program was initially approved for PPP Loan of amount $506,000, the current approved amount is $506,000. The loan was approved on 04/08/2020 by The Carter FCU reported 220 jobs and $506,000 was used to fund payroll.

We care ministries outreach program is Existing or more than 2 years old

WE CARE MINISTRIES OUTREACH PROGRAM

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

WE CARE MINISTRIES OUTREACH PROGRAM

Borrower Address

657 JORDAN ST

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71101-4748

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506000.00

Current Approval Amount

506000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97605

Servicing Lender Name

Carter FCU

Servicing Lender Address

133 S Main St

Servicing Lender City

SPRINGHILL

Servicing Lender State

LA

Servicing Lender Zip

71075-3205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71101-4748

CD

LA-04

Jobs Reported

220

NAICS Code

621420

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

506000.00

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

97605

Originating Lender

Carter FCU

Originating Lender City

SPRINGHILL

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

509049.86

Forgiveness Date

11/24/2020

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