PPP Loan information for Association of related churches

$757,257

Association of related churches was initially approved for PPP Loan of amount $757,257, the current approved amount is $757,257. The loan was approved on 02/19/2021 by The First Horizon Bank reported 42 jobs and $757,257 was used to fund payroll.

Association of related churches is Existing or more than 2 years old

ASSOCIATION OF RELATED CHURCHES

Date Approved

02/19/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ASSOCIATION OF RELATED CHURCHES

Borrower Address

1201 Lee Branch Ln

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35242-7272

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

757257.00

Current Approval Amount

757257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

SHELBY

Project State

AL

Project Zip

35242-7272

CD

AL-06

Jobs Reported

42

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

757253.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

761968.82

Forgiveness Date

10/08/2021

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