Salem Lutheran Church

$75,100 PPP Loan in Deerwood, Minnesota

Loan Details

Loan Number
1360577206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$75,100
Current Approval
$75,100
Forgiveness Amount
$75,592
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Lutheran Church
Address
21276 Archibald Rd.
ZIP Code
56444
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$57,000
Utilities
$2,100
Health Care
$7,500
Mortgage Interest
$8,500

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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