PPP Loan information for Family education resource ministries

$160,947

Family education resource ministries was initially approved for PPP Loan of amount $160,947, the current approved amount is $160,947. The loan was approved on 03/25/2021 by The Pinnacle Bank reported 36 jobs and $160,947 was used to fund payroll.

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

FAMILY EDUCATION RESOURCE MINISTRIES

Date Approved

03/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FAMILY EDUCATION RESOURCE MINISTRIES

Borrower Address

3645 Pleasant Plains Rd

Borrower City

Matthews

Borrower State

NC

Borrower Zip

28104-5961

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160947.00

Current Approval Amount

160947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

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

28104-5961

CD

NC-08

Jobs Reported

36

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

160945.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

161952.37

Forgiveness Date

11/16/2021

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