PPP Loan information for Generation church

$50,039

Generation church was initially approved for PPP Loan of amount $50,039, the current approved amount is $50,039. The loan was approved on 04/09/2020 by The Volunteer State Bank reported 8 jobs and $50,039 was used to fund payroll.

Generation church is Existing or more than 2 years old

GENERATION CHURCH

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GENERATION CHURCH

Borrower Address

960 Hwy 52

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50039.15

Current Approval Amount

50039.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-0001

CD

TN-06

Jobs Reported

8

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6254.90

Payroll Proceed

37529.36

Mortgage Interest Proceed

6254.89

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50442.24

Forgiveness Date

01/26/2021

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