PPP Loan information for Shepheard of the lake lutheran church

$263,700

Shepheard of the lake lutheran church was initially approved for PPP Loan of amount $263,700, the current approved amount is $263,700. The loan was approved on 04/03/2020 by The New Market Bank reported 34 jobs and $263,700 was used to fund payroll.

Shepheard of the lake lutheran church is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Shepheard of the lake lutheran church

SHEPHEARD OF THE LAKE LUTHERAN CHURCH

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHEPHEARD OF THE LAKE LUTHERAN CHURCH

Borrower Address

3611 North BERENS RD NW

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-5899

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263700.00

Current Approval Amount

263700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-5899

CD

MN-02

Jobs Reported

34

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23700.00

Payroll Proceed

240000.00

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

265267.75

Forgiveness Date

11/17/2020

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