PPP Loan information for Riverchase united methodist church

$492,477

Riverchase united methodist church was initially approved for PPP Loan of amount $492,477, the current approved amount is $492,477. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 90 jobs and $492,477 was used to fund payroll.

Riverchase united methodist church is Existing or more than 2 years old

RIVERCHASE UNITED METHODIST CHURCH

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RIVERCHASE UNITED METHODIST CHURCH

Borrower Address

1953 Old Montgomery Hwy

Borrower City

Hoover

Borrower State

AL

Borrower Zip

35244-1508

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

492477.00

Current Approval Amount

492477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoover

Project County Name

SHELBY

Project State

AL

Project Zip

35244-1508

CD

AL-06

Jobs Reported

90

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

492473.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

496943.02

Forgiveness Date

01/03/2022

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