PPP Loan information for Michigan lutheran seminary

$494,000

Michigan lutheran seminary was initially approved for PPP Loan of amount $494,000, the current approved amount is $494,000. The loan was approved on 04/07/2020 by The Town Bank, National Association reported 41 jobs and $494,000 was used to fund payroll.

Michigan lutheran seminary is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Michigan lutheran seminary

MICHIGAN LUTHERAN SEMINARY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN LUTHERAN SEMINARY

Borrower Address

2777 Hardin St

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48609

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494000.00

Current Approval Amount

494000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48609-4200

CD

MI-08

Jobs Reported

41

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

370500.00

Mortgage Interest Proceed

0.00

Rent Proceed

123500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

496744.44

Forgiveness Date

11/03/2020

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