The Walnut Ridge Baptist Church

$218,175 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
9088217003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$218,175
Current Approval
$218,175
Forgiveness Amount
$219,387
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Walnut Ridge Baptist Church
Address
1307 W Ridgeway Ave
State
Iowa
ZIP Code
50701-4401
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
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$174,540
Rent
$10,000
Utilities
$10,000
Health Care
$13,000
Debt Interest
$10,635

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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