PPP Loan information for Institute of lutheran theology

$105,000

Institute of lutheran theology was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 04/28/2020 by The Dacotah Bank reported 19 jobs and $105,000 was used to fund payroll.

Institute of lutheran theology is Existing or more than 2 years old

PPP Loan Search / SD / BROOKINGS / Institute of lutheran theology

INSTITUTE OF LUTHERAN THEOLOGY

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

INSTITUTE OF LUTHERAN THEOLOGY

Borrower Address

910 4TH ST

Borrower City

BROOKINGS

Borrower State

SD

Borrower Zip

57006-2169

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKINGS

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-2169

CD

SD-

Jobs Reported

19

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

84000.00

Mortgage Interest Proceed

21000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95535.69

Forgiveness Date

11/19/2020

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