PPP Loan information for Cross road correctional ministries

$237,000

Cross road correctional ministries was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 04/06/2020 by The Grand River Bank reported 16 jobs and $237,000 was used to fund payroll.

Cross road correctional ministries is Existing or more than 2 years old

CROSS ROAD CORRECTIONAL MINISTRIES

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CROSS ROAD CORRECTIONAL MINISTRIES

Borrower Address

2480 44th St SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-3802

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-3802

CD

MI-03

Jobs Reported

16

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237000.00

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

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

238934.96

Forgiveness Date

02/09/2021

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