PPP Loan information for First united methodist church

$110,055

First united methodist church was initially approved for PPP Loan of amount $110,055, the current approved amount is $110,055. The loan was approved on 04/13/2020 by The Cadence Bank reported 30 jobs and $110,055 was used to fund payroll.

First united methodist church is New Business or 2 years or less

FIRST UNITED METHODIST CHURCH

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH

Borrower Address

320 WEST MAIN STREET

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-3503

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110055.00

Current Approval Amount

110055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-3503

CD

AR-04

Jobs Reported

30

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110055.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

111296.18

Forgiveness Date

06/03/2021

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