PPP Loan information for Generations church

$127,500

Generations church was initially approved for PPP Loan of amount $159,400, the current approved amount is $127,500. The loan was approved on 04/11/2020 by The Dogwood State Bank reported 17 jobs and $127,500 was used to fund payroll.

Generations church is Existing or more than 2 years old

GENERATIONS CHURCH

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GENERATIONS CHURCH

Borrower Address

4019 Executive Park Blvd

Borrower City

SOUTHPORT

Borrower State

NC

Borrower Zip

28461-8026

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159400.00

Current Approval Amount

127500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHPORT

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28461-8026

CD

NC-07

Jobs Reported

17

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127500.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

128201.25

Forgiveness Date

11/05/2020

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