PPP Loan information for First united methodist church of palatine

$61,628

First united methodist church of palatine was initially approved for PPP Loan of amount $61,628, the current approved amount is $61,628. The loan was approved on 01/20/2021 by The Cornerstone National Bank & Trust Company reported 12 jobs and $61,628 was used to fund payroll.

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

PPP Loan Search / IL / Palatine / First united methodist church of palatine

FIRST UNITED METHODIST CHURCH OF PALATINE

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

FIRST UNITED METHODIST CHURCH OF PALATINE

Borrower Address

123 N Plum Grove Rd

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60067-5230

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

61627.50

Current Approval Amount

61627.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60067-5230

CD

IL-05

Jobs Reported

12

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61623.50

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

62087.99

Forgiveness Date

10/26/2021

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