PPP Loan information for Lagrange college

$2,489,065

Lagrange college was initially approved for PPP Loan of amount $2,489,065, the current approved amount is $2,489,065. The loan was approved on 05/08/2020 by The Truist Bank reported 271 jobs and $2,489,065 was used to fund payroll.

Lagrange college is Existing or more than 2 years old

LAGRANGE COLLEGE

Date Approved

05/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LAGRANGE COLLEGE

Borrower Address

601 Broad Street

Borrower City

LaGrange

Borrower State

GA

Borrower Zip

30240

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2489065.00

Current Approval Amount

2489065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LaGrange

Project County Name

TROUP

Project State

GA

Project Zip

30240-0001

CD

GA-03

Jobs Reported

271

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2489065.00

Mortgage Interest Proceed

0.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2523635.35

Forgiveness Date

10/04/2021

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