PPP Loan information for Lutheran church of our redeemer

$87,500

Lutheran church of our redeemer was initially approved for PPP Loan of amount $57,900, the current approved amount is $87,500. The loan was approved on 04/04/2020 by The Reliabank Dakota reported 12 jobs and $87,500 was used to fund payroll.

Lutheran church of our redeemer is Existing or more than 2 years old

LUTHERAN CHURCH OF OUR REDEEMER

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LUTHERAN CHURCH OF OUR REDEEMER

Borrower Address

2001 2ND ST NW

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-7251

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57900.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-7251

CD

SD-

Jobs Reported

12

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

79600.00

Mortgage Interest Proceed

4900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77906.88

Forgiveness Date

10/15/2020

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