PPP Loan information for River of life family worship center

$70,948

River of life family worship center was initially approved for PPP Loan of amount $70,948, the current approved amount is $70,948. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 17 jobs and $70,948 was used to fund payroll.

River of life family worship center is New Business or 2 years or less

RIVER OF LIFE FAMILY WORSHIP CENTER

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RIVER OF LIFE FAMILY WORSHIP CENTER

Borrower Address

1945 OLD EARNHARDT RD

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28083

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70947.50

Current Approval Amount

70947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-0001

CD

NC-08

Jobs Reported

17

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70947.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

71332.37

Forgiveness Date

11/02/2020

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