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
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
Servicing Lender Zip
56352-1356
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
19
NAICS Code
813110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
133200.00
Mortgage Interest Proceed
Rent Proceed
44400.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Y
Forgiveness Amount
178850.50
Forgiveness Date
12/31/2020