PPP Loan information for Second presbyterian church of memphis, tennessee

$1,701,797

Second presbyterian church of memphis, tennessee was initially approved for PPP Loan of amount $1,808,700, the current approved amount is $1,701,797. The loan was approved on 04/08/2020 by The Truist Bank reported 201 jobs and $1,701,797 was used to fund payroll.

Second presbyterian church of memphis, tennessee is Existing or more than 2 years old

SECOND PRESBYTERIAN CHURCH OF MEMPHIS, TENNESSEE

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SECOND PRESBYTERIAN CHURCH OF MEMPHIS, TENNESSEE

Borrower Address

4055 POPLAR AVE

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38111-6022

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1808700.00

Current Approval Amount

1701797.36

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38111-6022

CD

TN-09

Jobs Reported

201

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1701797.36

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1713048.13

Forgiveness Date

12/15/2020

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