PPP Loan information for Shepherd of the grove evangelical lutheran church

$177,600

Shepherd of the grove evangelical lutheran church was initially approved for PPP Loan of amount $177,600, the current approved amount is $177,600. The loan was approved on 04/14/2020 by The Magnifi Financial CU reported 19 jobs and $177,600 was used to fund payroll.

Shepherd of the grove evangelical lutheran church is Existing or more than 2 years old

SHEPHERD OF THE GROVE EVANGELICAL LUTHERAN CHURCH

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHEPHERD OF THE GROVE EVANGELICAL LUTHERAN CHURCH

Borrower Address

11875 W EAGLE LAKE DR

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-5529

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177600.00

Current Approval Amount

177600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-5529

CD

MN-03

Jobs Reported

19

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

133200.00

Mortgage Interest Proceed

0.00

Rent Proceed

44400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

178850.50

Forgiveness Date

12/31/2020

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