Church of the King INC

$1,427,500 PPP Loan in Mandeville, Louisiana

Loan Details

Loan Number
2983107108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,427,500
Current Approval
$1,427,500
Forgiveness Amount
$1,435,827
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Church of the King INC
Address
22205 Little Creek Rd
ZIP Code
70471-7512
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
288
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$994,891
Rent
$49,233
Utilities
$96,382
Mortgage Interest
$140,000
Debt Interest
$146,994

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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