PPP Loan information for Neumont college

$808,438

Neumont college was initially approved for PPP Loan of amount $808,438, the current approved amount is $808,438. The loan was approved on 04/29/2020 by The Cadence Bank reported 58 jobs and $808,438 was used to fund payroll.

Neumont college is Existing or more than 2 years old

NEUMONT COLLEGE

Date Approved

04/29/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEUMONT COLLEGE

Borrower Address

480 MAIN ST

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84111-1917

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

808438.00

Current Approval Amount

808438.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84111-1917

CD

UT-01

Jobs Reported

58

NAICS Code

611519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

808438.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

816993.97

Forgiveness Date

05/27/2021

;