PPP Loan information for Redeemer community church

$83,916

Redeemer community church was initially approved for PPP Loan of amount $83,916, the current approved amount is $83,916. The loan was approved on 04/14/2020 by The Mountain Commerce Bank reported 31 jobs and $83,916 was used to fund payroll.

Redeemer community church is Existing or more than 2 years old

REDEEMER COMMUNITY CHURCH

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

REDEEMER COMMUNITY CHURCH

Borrower Address

300 E. Main St. Ste. 303

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-5708

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83916.00

Current Approval Amount

83916.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-5708

CD

TN-01

Jobs Reported

31

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5244.00

Payroll Proceed

62937.00

Mortgage Interest Proceed

15735.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

84757.49

Forgiveness Date

04/20/2021

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