PPP Loan information for First korean united methodist church

$50,000

First korean united methodist church was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/07/2020 by The Land of Lincoln CU reported 11 jobs and $50,000 was used to fund payroll.

First korean united methodist church is Existing or more than 2 years old

FIRST KOREAN UNITED METHODIST CHURCH

Date Approved

05/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FIRST KOREAN UNITED METHODIST CHURCH

Borrower Address

665 E HINTZ RD

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-6001

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95581

Servicing Lender Name

Land of Lincoln CU

Servicing Lender Address

4850 E Prosperity Place

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62521-5102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-6001

CD

IL-10

Jobs Reported

11

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

95581

Originating Lender

Land of Lincoln CU

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40222.47

Forgiveness Date

12/09/2020

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