Grace United Methodist Church

$40,000 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
5861687102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$40,000
Current Approval
$40,000
Forgiveness Amount
$40,263
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grace United Methodist Church
Address
311 2nd Ave W
State
Iowa
ZIP Code
51301
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$35,000
Utilities
$2,000
Mortgage Interest
$3,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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