PPP Loan information for Redemption church

$12,500

Redemption church was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/07/2020 by The Profinium, Inc. reported 1 jobs and $12,500 was used to fund payroll.

Redemption church is Existing or more than 2 years old

REDEMPTION CHURCH

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REDEMPTION CHURCH

Borrower Address

245 Summer Avenue

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-2657

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-2657

CD

MN-01

Jobs Reported

1

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

12573.96

Forgiveness Date

11/17/2020

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