First Baptist Church Lake Region

$152,552 PPP Loan in Baxter, Minnesota

Loan Details

Loan Number
7767227009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$152,552
Current Approval
$152,552
Forgiveness Amount
$153,895
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
First Baptist Church Lake Region
Address
7398 Fairview Rd
City
Baxter
ZIP Code
56425-8294
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$127,182
Utilities
$8,750
Mortgage Interest
$16,620

Lender Information

Servicing Lender
Riverwood Bank
Originating Lender
Riverwood Bank

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