Peace Lutheran Church

$151,000 PPP Loan in Hutchinson, Minnesota

Loan Details

Loan Number
4515457106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$151,000
Current Approval
$151,000
Forgiveness Amount
$151,811
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Peace Lutheran Church
Address
400 Franklin St SW
ZIP Code
55350-2425
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$104,000
Health Care
$30,000
Mortgage Interest
$17,000

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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