PPP Loan information for Cooperative downtown ministries inc

$168,730

Cooperative downtown ministries inc was initially approved for PPP Loan of amount $168,730, the current approved amount is $168,730. The loan was approved on 01/25/2021 by The Regions Bank reported 32 jobs and $168,730 was used to fund payroll.

Cooperative downtown ministries inc is Existing or more than 2 years old

COOPERATIVE DOWNTOWN MINISTRIES INC

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

COOPERATIVE DOWNTOWN MINISTRIES INC

Borrower Address

626 2nd Ave N

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35203-3014

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168730.00

Current Approval Amount

168730.00

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

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35203-3014

CD

AL-07

Jobs Reported

32

NAICS Code

624190

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

168730.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

170116.82

Forgiveness Date

11/24/2021

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