PPP Loan information for First united methodist church of palatine

$76,945

First united methodist church of palatine was initially approved for PPP Loan of amount $76,945, the current approved amount is $76,945. The loan was approved on 04/27/2020 by The Cornerstone National Bank & Trust Company reported 28 jobs and $76,945 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

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FIRST UNITED METHODIST CHURCH OF PALATINE

Borrower Address

123 n. palatine rd

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-5230

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76945.00

Current Approval Amount

76945.00

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

28

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61556.00

Mortgage Interest Proceed

0.00

Rent Proceed

11541.75

Refinance EIDL Proceed

3847.25

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

77408.81

Forgiveness Date

12/10/2020

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