PPP Loan information for Crosspoint church

$314,500

Crosspoint church was initially approved for PPP Loan of amount $314,500, the current approved amount is $314,500. The loan was approved on 04/06/2020 by The Katahdin Trust Co. reported 36 jobs and $314,500 was used to fund payroll.

Crosspoint church is Existing or more than 2 years old

CROSSPOINT CHURCH

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

CROSSPOINT CHURCH

Borrower Address

1476 Broadway

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401-2404

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314500.00

Current Approval Amount

314500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-2404

CD

ME-02

Jobs Reported

36

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

316561.72

Forgiveness Date

12/09/2020

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