PPP Loan information for First lutheran church

$40,810

First lutheran church was initially approved for PPP Loan of amount $40,810, the current approved amount is $40,810. The loan was approved on 04/28/2020 by The Lake City Federal Bank reported 10 jobs and $40,810 was used to fund payroll.

First lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / LAKE CITY / First lutheran church

FIRST LUTHERAN CHURCH

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FIRST LUTHERAN CHURCH

Borrower Address

100 PEACE RDG

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-5500

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40810.00

Current Approval Amount

40810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81265

Servicing Lender Name

Lake City Federal Bank

Servicing Lender Address

201 E Marion St

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-5500

CD

MN-01

Jobs Reported

10

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30610.00

Mortgage Interest Proceed

10200.00

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

81265

Originating Lender

Lake City Federal Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

41034.46

Forgiveness Date

11/23/2020

;