PPP Loan information for Peace lutheran church

$151,000

Peace lutheran church was initially approved for PPP Loan of amount $151,000, the current approved amount is $151,000. The loan was approved on 04/13/2020 by The MidCountry Bank reported 29 jobs and $151,000 was used to fund payroll.

Peace lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / Peace lutheran church

PEACE LUTHERAN CHURCH

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEACE LUTHERAN CHURCH

Borrower Address

400 FRANKLIN ST SW

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-2425

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151000.00

Current Approval Amount

151000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-2425

CD

MN-07

Jobs Reported

29

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104000.00

Mortgage Interest Proceed

17000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

151810.85

Forgiveness Date

11/03/2020

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