Praise God, the current loan has been paid off!!! The loan balance of $115,894 was paid off on 12/22 using building savings, Capital Campaign dollars, and general savings. This leaves us $20,000 in general savings and we will replenish the savings over the next few months with the money that would have gone towards the loan.
Capital campaign pledges received as of 12/28/10: $99,275
This figure may end up being a little bit more as we are allowing for 2010 year end contributions to be received in the office up until 1/3/11.
Thank you all for your generous and continued support of the ministries at LCC!