PPP Loan information for Church of st. michael of prior lake

$547,870

Church of st. michael of prior lake was initially approved for PPP Loan of amount $547,870, the current approved amount is $547,870. The loan was approved on 04/10/2020 by The New Market Bank reported 45 jobs and $547,870 was used to fund payroll.

Church of st. michael of prior lake is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Church of st. michael of prior lake

CHURCH OF ST. MICHAEL OF PRIOR LAKE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHURCH OF ST. MICHAEL OF PRIOR LAKE

Borrower Address

16311 DULUTH AVE SE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-9263

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547870.00

Current Approval Amount

547870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-9263

CD

MN-02

Jobs Reported

45

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

551982.78

Forgiveness Date

01/20/2021

;