PPP Loan Forgiveness!
Saint Michael’s received notice from the Small Business Administration that our July 2020 Paycheck Protection Program (PPP) loan has been forgiven! As authorized by Section 1106 of the CARES Act, SBA remitted to Saint Michael and All Angels the payments for forgiveness 100% of our PPP loan. Forgiveness Amount Remitted: $ 42,100.00 in principal and $ 295.28 in interest.