PPP Loan information for Riverchase united methodist church

$492,478

Riverchase united methodist church was initially approved for PPP Loan of amount $492,478, the current approved amount is $492,478. The loan was approved on 04/14/2020 by The Cadence Bank reported 101 jobs and $492,478 was used to fund payroll.

Riverchase united methodist church is New Business or 2 years or less

RIVERCHASE UNITED METHODIST CHURCH

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RIVERCHASE UNITED METHODIST CHURCH

Borrower Address

1953 OLD MONTGOMERY HIGHWAY

Borrower City

HOOVER

Borrower State

AL

Borrower Zip

35244

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492477.50

Current Approval Amount

492477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOOVER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35244-1000

CD

AL-06

Jobs Reported

101

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492477.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

495664.92

Forgiveness Date

12/14/2020

;