PPP Loan information for First baptist church of red bay

$22,000

First baptist church of red bay was initially approved for PPP Loan of amount $25,004, the current approved amount is $22,000. The loan was approved on 04/08/2020 by The Community Spirit Bank reported 8 jobs and $22,000 was used to fund payroll.

First baptist church of red bay is Existing or more than 2 years old

FIRST BAPTIST CHURCH OF RED BAY

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FIRST BAPTIST CHURCH OF RED BAY

Borrower Address

602 4TH STREET SE

Borrower City

RED BAY

Borrower State

AL

Borrower Zip

35582-3759

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25004.00

Current Approval Amount

22000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BAY

Project County Name

FRANKLIN

Project State

AL

Project Zip

35582-3759

CD

AL-04

Jobs Reported

8

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2200.00

Payroll Proceed

17600.00

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

22127.11

Forgiveness Date

11/12/2020

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