PPP Loan information for The church united for community development

$538,290

The church united for community development was initially approved for PPP Loan of amount $538,290, the current approved amount is $538,290. The loan was approved on 01/23/2021 by The Regions Bank reported 70 jobs and $538,290 was used to fund payroll.

The church united for community development is Existing or more than 2 years old

THE CHURCH UNITED FOR COMMUNITY DEVELOPMENT

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

THE CHURCH UNITED FOR COMMUNITY DEVELOPMENT

Borrower Address

13423 Highway 431

Borrower City

Saint Amant

Borrower State

LA

Borrower Zip

70774-3234

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

538290.00

Current Approval Amount

538290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Amant

Project County Name

ASCENSION

Project State

LA

Project Zip

70774-3234

CD

LA-06

Jobs Reported

70

NAICS Code

813110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

538289.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

541622.97

Forgiveness Date

09/23/2021

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