PPP Loan information for Converse college

$3,063,864

Converse college was initially approved for PPP Loan of amount $3,063,864, the current approved amount is $3,063,864. The loan was approved on 04/07/2020 by The First Horizon Bank reported 482 jobs and $3,063,864 was used to fund payroll.

Converse college is Existing or more than 2 years old

PPP Loan Search / SC / SPARTANBURG / Converse college

CONVERSE COLLEGE

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CONVERSE COLLEGE

Borrower Address

580 E. MAIN ST

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29302-0006

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3063864.00

Current Approval Amount

3063864.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29302-0006

CD

SC-04

Jobs Reported

482

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

193001.00

Payroll Proceed

2676016.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

186847

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

3099013.33

Forgiveness Date

06/11/2021

;