PPP Loan information for Charles r. drew university of medicine and science

$5,520,000

Charles r. drew university of medicine and science was initially approved for PPP Loan of amount $5,520,000, the current approved amount is $5,520,000. The loan was approved on 04/09/2020 by The Western Alliance Bank reported 450 jobs and $5,520,000 was used to fund payroll.

Charles r. drew university of medicine and science is Existing or more than 2 years old

CHARLES R. DREW UNIVERSITY OF MEDICINE AND SCIENCE

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CHARLES R. DREW UNIVERSITY OF MEDICINE AND SCIENCE

Borrower Address

1731 E 120TH ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90059-3051

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5520000.00

Current Approval Amount

5520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90059-3051

CD

CA-43

Jobs Reported

450

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

170000.00

Payroll Proceed

5000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

350000

Business Type

Non-Profit Organization

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5585166.67

Forgiveness Date

06/17/2021

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