PPP Loan information for Carson-newman university

$3,943,902

Carson-newman university was initially approved for PPP Loan of amount $3,943,902, the current approved amount is $3,943,902. The loan was approved on 04/14/2020 by The First Horizon Bank reported 456 jobs and $3,943,902 was used to fund payroll.

Carson-newman university is Existing or more than 2 years old

CARSON-NEWMAN UNIVERSITY

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CARSON-NEWMAN UNIVERSITY

Borrower Address

1646 Russell Ave

Borrower City

JEFFERSON CITY

Borrower State

TN

Borrower Zip

37760

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3943902.00

Current Approval Amount

3943902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSON CITY

Project County Name

JEFFERSON

Project State

TN

Project Zip

37760-0001

CD

TN-02

Jobs Reported

456

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

268641.00

Payroll Proceed

3400040.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

198860.00

Debt Interest Proceed

76361

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3988161.34

Forgiveness Date

06/09/2021

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