PPP Loan information for The foundry ministries inc.

$698,945

The foundry ministries inc. was initially approved for PPP Loan of amount $698,945, the current approved amount is $698,945. The loan was approved on 01/31/2021 by The Regions Bank reported 173 jobs and $698,945 was used to fund payroll.

The foundry ministries inc. is Existing or more than 2 years old

PPP Loan Search / AL / Bessemer / The foundry ministries inc.

THE FOUNDRY MINISTRIES INC.

Date Approved

01/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

THE FOUNDRY MINISTRIES INC.

Borrower Address

1804 6th Ave N

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020-4851

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

698945.00

Current Approval Amount

698945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-4851

CD

AL-07

Jobs Reported

173

NAICS Code

813110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

698940.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704325.92

Forgiveness Date

11/15/2021

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