PPP Loan information for Church of the redeemer

$205,600

Church of the redeemer was initially approved for PPP Loan of amount $205,600, the current approved amount is $205,600. The loan was approved on 04/11/2020 by The Meridian Bank reported 35 jobs and $205,600 was used to fund payroll.

Church of the redeemer is Existing or more than 2 years old

CHURCH OF THE REDEEMER

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHURCH OF THE REDEEMER

Borrower Address

230 PENNSWOOD RD

Borrower City

BRYN MAWR

Borrower State

PA

Borrower Zip

19010-3616

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205600.00

Current Approval Amount

205600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRYN MAWR

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19010-3616

CD

PA-05

Jobs Reported

35

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7055.00

Payroll Proceed

193067.00

Mortgage Interest Proceed

0.00

Rent Proceed

5478.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

206749.11

Forgiveness Date

11/12/2020

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