Michigan Conference of the United Methodist Church

$880,157 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
5140247208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$880,157
Current Approval
$880,157
Forgiveness Amount
$885,848
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Conference of the United Methodist Church
Address
1011 Northcrest Rd
ZIP Code
48906-1299
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
New Business or 2 years or less
Jobs Reported
73
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$574,288
Rent
$32,508
Utilities
$138,523
Health Care
$129,838
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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