PPP Loan information for Methodist children's home

$3,426,130

Methodist children's home was initially approved for PPP Loan of amount $3,426,130, the current approved amount is $3,426,130. The loan was approved on 04/15/2020 by The Community Bank & Trust, Waco, Texas reported 325 jobs and $3,426,130 was used to fund payroll.

Methodist children's home is Existing or more than 2 years old

METHODIST CHILDREN'S HOME

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

METHODIST CHILDREN'S HOME

Borrower Address

1111 HERRING AVE

Borrower City

WACO

Borrower State

TX

Borrower Zip

76708-3642

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3426130.00

Current Approval Amount

3426130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72077

Servicing Lender Name

Community Bank & Trust, Waco, Texas

Servicing Lender Address

1800 Washington Ave

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76701-1011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76708-3642

CD

TX-17

Jobs Reported

325

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3426130.00

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

72077

Originating Lender

Community Bank & Trust, Waco, Texas

Originating Lender City

WACO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3464803.03

Forgiveness Date

06/09/2021

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