PPP Loan information for King university

$3,107,837

King university was initially approved for PPP Loan of amount $3,107,837, the current approved amount is $3,107,837. The loan was approved on 04/09/2020 by The First Horizon Bank reported 348 jobs and $3,107,837 was used to fund payroll.

King university is Existing or more than 2 years old

PPP Loan Search / TN / BRISTOL / King university

KING UNIVERSITY

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KING UNIVERSITY

Borrower Address

1350 KING COLLEGE ROAD

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620-2632

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3107837.00

Current Approval Amount

3107837.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-2632

CD

TN-01

Jobs Reported

348

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

240821.00

Payroll Proceed

2420889.00

Mortgage Interest Proceed

0.00

Rent Proceed

317343.00

Refinance EIDL Proceed

0.00

Health Care Proceed

128784.00

Debt Interest Proceed

0

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

3146253.32

Forgiveness Date

07/16/2021

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