Bi-annual Mortgage Report
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Bi-annual Mortgage Report
Our loan balance on July 1, 2020 was $2,029,798. During the first six months of this fiscal year (Jul – Dec 2020), we made both principal and interest payments: $144,246 (principal) and $49,924 (interest). These payments were funded from both the Sunday Offertory ($144,346) and ($49,824) from our first of the month 2nd collection. Our loan balance as of Dec. 31, 2020 was $1,885,552. Our rebate from our 2020 ADA($19,654)will be applied to our loan balance. Please remember that all 2021 ADA pledges paid over our goal will also be applied to reduce our parish debt. Thank you for your continued generosity.