The Free Methodist Foundation

$529,900 PPP Loan in Spring Arbor, Michigan

Loan Details

Loan Number
1398047304
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$529,900
Current Approval
$529,900
Forgiveness Amount
$533,256
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Free Methodist Foundation
Address
8050 Spring Arbor Rd.
ZIP Code
49283-9733
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$423,966
Mortgage Interest
$105,934

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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