PPP Loan information for The catholic church of divine mercy of faribault

$388,200

The catholic church of divine mercy of faribault was initially approved for PPP Loan of amount $388,200, the current approved amount is $388,200. The loan was approved on 04/15/2020 by The The State Bank of Faribault reported 52 jobs and $388,200 was used to fund payroll.

The catholic church of divine mercy of faribault is Existing or more than 2 years old

THE CATHOLIC CHURCH OF DIVINE MERCY OF FARIBAULT

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE CATHOLIC CHURCH OF DIVINE MERCY OF FARIBAULT

Borrower Address

4 2nd Avenue SW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-6029

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388200.00

Current Approval Amount

388200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-6029

CD

MN-01

Jobs Reported

52

NAICS Code

813110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

77600.00

Payroll Proceed

310600.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

390281.18

Forgiveness Date

11/03/2020

;