PPP Loan information for Newberry college inc

$2,082,296

Newberry college inc was initially approved for PPP Loan of amount $999,999, the current approved amount is $2,082,296. The loan was approved on 04/27/2020 by The Security Federal Bank reported 316 jobs and $2,082,296 was used to fund payroll.

Newberry college inc is Existing or more than 2 years old

NEWBERRY COLLEGE INC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEWBERRY COLLEGE INC

Borrower Address

2100 COLLEGE ST

Borrower City

NEWBERRY

Borrower State

SC

Borrower Zip

29108-2126

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

999999.00

Current Approval Amount

2082296.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBERRY

Project County Name

NEWBERRY

Project State

SC

Project Zip

29108-2126

CD

SC-03

Jobs Reported

316

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2082296.00

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

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2110985.41

Forgiveness Date

09/10/2021

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