BLESSED HOPE COMMUNITY CHURCH (IA) - 2020 PPP Loan Borrower Profile (# 8500407010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLESSED HOPE COMMUNITY CHURCH. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

8500407010

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$25,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$25,450.39

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,075

Payroll Proced

19,725

Mortgage Interest Proceed

2,500

Lender

Farmers Savings Bank & Trust

Business Detail

Business Type

Non-Profit Organization

NAICS

813110

Borrower Location

VINTON, IA

Project Location

VINTON, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.