United Methodist Church of Gulf Shores

$191,600 PPP Loan in Gulf Shores, Alabama

Loan Details

Loan Number
7551207004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$191,600
Current Approval
$191,600
Forgiveness Amount
$192,925
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
United Methodist Church of Gulf Shores
Address
1900 Gulf Shores Pkwy
State
Alabama
ZIP Code
36542-3402
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$153,700
Utilities
$7,900
Debt Interest
$30,000

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Merchants & Marine Bank

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