PPP Loan information for Life network

$224,800

Life network was initially approved for PPP Loan of amount $224,800, the current approved amount is $224,800. The loan was approved on 04/04/2020 by The American Bank of Commerce reported 36 jobs and $224,800 was used to fund payroll.

Life network is Existing or more than 2 years old

LIFE NETWORK

Date Approved

04/04/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LIFE NETWORK

Borrower Address

3700 GALLEY RD

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80909-4412

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224800.00

Current Approval Amount

224800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72188

Servicing Lender Name

American Bank of Commerce

Servicing Lender Address

530 E Hwy 62/82

Servicing Lender City

WOLFFORTH

Servicing Lender State

TX

Servicing Lender Zip

79382-9382

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80909-4412

CD

CO-05

Jobs Reported

36

NAICS Code

621410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28100.00

Payroll Proceed

168600.00

Mortgage Interest Proceed

28100.00

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

72188

Originating Lender

American Bank of Commerce

Originating Lender City

WOLFFORTH

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

226308.93

Forgiveness Date

12/15/2020

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