PPP Loan information for Luther rice college & seminary inc.

$562,081

Luther rice college & seminary inc. was initially approved for PPP Loan of amount $562,081, the current approved amount is $562,081. The loan was approved on 02/20/2021 by The Southern Independent Bank reported 63 jobs and $562,081 was used to fund payroll.

Luther rice college & seminary inc. is Existing or more than 2 years old

PPP Loan Search / GA / Lithonia / Luther rice college & seminary inc.

LUTHER RICE COLLEGE & SEMINARY INC.

Date Approved

02/20/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

LUTHER RICE COLLEGE & SEMINARY INC.

Borrower Address

3038 Evans Mill Rd

Borrower City

Lithonia

Borrower State

GA

Borrower Zip

30038-2418

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562081.42

Current Approval Amount

562081.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lithonia

Project County Name

DEKALB

Project State

GA

Project Zip

30038-2418

CD

GA-04

Jobs Reported

63

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

562080.42

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

Corporation

Originating Lender Location Id

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

564813.76

Forgiveness Date

08/18/2021

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