PPP Loan information for Family education resource ministries

$160,948

Family education resource ministries was initially approved for PPP Loan of amount $160,948, the current approved amount is $160,948. The loan was approved on 05/13/2020 by The American Express National Bank reported 36 jobs and $160,948 was used to fund payroll.

Family education resource ministries is Existing or more than 2 years old

FAMILY EDUCATION RESOURCE MINISTRIES

Date Approved

05/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAMILY EDUCATION RESOURCE MINISTRIES

Borrower Address

3645 Pleasant Plains Road

Borrower City

Matthews

Borrower State

NC

Borrower Zip

28104

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160947.50

Current Approval Amount

160947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Matthews

Project County Name

UNION

Project State

NC

Project Zip

28104-0001

CD

NC-08

Jobs Reported

36

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12875.80

Payroll Proceed

120710.63

Mortgage Interest Proceed

14485.27

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12875.80

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

162120.43

Forgiveness Date

02/09/2021

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