PPP Loan information for First united methodist church of arab

$66,250

First united methodist church of arab was initially approved for PPP Loan of amount $66,250, the current approved amount is $66,250. The loan was approved on 04/14/2020 by The Cadence Bank reported 35 jobs and $66,250 was used to fund payroll.

First united methodist church of arab is New Business or 2 years or less

PPP Loan Search / AL / ARAB / First united methodist church of arab

FIRST UNITED METHODIST CHURCH OF ARAB

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH OF ARAB

Borrower Address

1058 NORTH MAIN ST

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66250.00

Current Approval Amount

66250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-0001

CD

AL-04

Jobs Reported

35

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66250.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

66903.30

Forgiveness Date

04/13/2021

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