PPP Loan information for Fourth avenue united methodist church

$15,000

Fourth avenue united methodist church was initially approved for PPP Loan of amount $18,500, the current approved amount is $15,000. The loan was approved on 05/11/2020 by The 1st United Bank reported 3 jobs and $15,000 was used to fund payroll.

Fourth avenue united methodist church is Existing or more than 2 years old

FOURTH AVENUE UNITED METHODIST CHURCH

Date Approved

05/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOURTH AVENUE UNITED METHODIST CHURCH

Borrower Address

219 NW 4TH AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5170

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5170

CD

MN-01

Jobs Reported

3

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

15147.08

Forgiveness Date

05/11/2021

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