Rose of Sharon Lutheran Church
$108,200 PPP Loan in Cottage Grove, Minnesota
Loan Details
- Loan Number
- 1933317109
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $108,200
- Current Approval
- $108,200
- Forgiveness Amount
- $109,156
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rose of Sharon Lutheran Church
- Address
- 6875 Jamaica Avenue S
- City
- Cottage Grove
- State
- Minnesota
- ZIP Code
- 55016-5761
- 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
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $101,900
- Utilities
- $3,800
- Mortgage Interest
- $2,500
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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