PPP Loan information for Cumberland university

$2,438,700

Cumberland university was initially approved for PPP Loan of amount $2,438,700, the current approved amount is $2,438,700. The loan was approved on 04/05/2020 by The CedarStone Bank reported 250 jobs and $2,438,700 was used to fund payroll.

Cumberland university is Existing or more than 2 years old

PPP Loan Search / TN / LEBANON / Cumberland university

CUMBERLAND UNIVERSITY

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CUMBERLAND UNIVERSITY

Borrower Address

1 CUMBERLAND SQ

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-3408

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2438700.00

Current Approval Amount

2438700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378043

Servicing Lender Name

CedarStone Bank

Servicing Lender Address

900 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3410

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-3408

CD

TN-05

Jobs Reported

250

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1829000.00

Mortgage Interest Proceed

609700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

378043

Originating Lender

CedarStone Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2467625.69

Forgiveness Date

06/11/2021

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