PPP Loan information for Hometown church

$350,000

Hometown church was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 05/05/2020 by The Wells Fargo Bank, National Association reported 20 jobs and $350,000 was used to fund payroll.

Hometown church is Existing or more than 2 years old

HOMETOWN CHURCH

Date Approved

05/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOMETOWN CHURCH

Borrower Address

2300 EAST 88TH STREET

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55425

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55425-0001

CD

MN-03

Jobs Reported

20

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

353538.36

Forgiveness Date

05/12/2021

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