Faith Baptist Church of Waterford, Michigan

$375,242 PPP Loan in Holly, Michigan

Loan Details

Loan Number
5077897102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$375,242
Current Approval
$375,242
Forgiveness Amount
$378,203
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Faith Baptist Church of Waterford, Michigan
Address
8393 E. Holly Rd
City
Holly
ZIP Code
48442-8819
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$281,385
Utilities
$15,000
Health Care
$40,000
Mortgage Interest
$38,857

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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