PPP Loan information for New life church

$1,783,255

New life church was initially approved for PPP Loan of amount $1,783,255, the current approved amount is $1,783,255. The loan was approved on 04/07/2020 by The Integrity Bank & Trust reported 163 jobs and $1,783,255 was used to fund payroll.

New life church is Existing or more than 2 years old

NEW LIFE CHURCH

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NEW LIFE CHURCH

Borrower Address

11025 VOYAGER PKWY

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80921-3623

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1783255.00

Current Approval Amount

1783255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328986

Servicing Lender Name

Integrity Bank & Trust

Servicing Lender Address

1275 Village Ridge Point

Servicing Lender City

MONUMENT

Servicing Lender State

CO

Servicing Lender Zip

80132-8996

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80921-3623

CD

CO-05

Jobs Reported

163

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

75000.00

Payroll Proceed

1553255.00

Mortgage Interest Proceed

115000.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

328986

Originating Lender

Integrity Bank & Trust

Originating Lender City

MONUMENT

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1803811.97

Forgiveness Date

05/28/2021

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