PPP Loan information for Spartanburg methodist college

$1,597,360

Spartanburg methodist college was initially approved for PPP Loan of amount $1,597,360, the current approved amount is $1,597,360. The loan was approved on 04/08/2020 by The Truist Bank reported 322 jobs and $1,597,360 was used to fund payroll.

Spartanburg methodist college is Existing or more than 2 years old

SPARTANBURG METHODIST COLLEGE

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SPARTANBURG METHODIST COLLEGE

Borrower Address

1000 POWELL MILL RD

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29301-5808

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1597360.00

Current Approval Amount

1597360.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29301-5808

CD

SC-04

Jobs Reported

322

NAICS Code

611210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1597360.00

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

1609650.80

Forgiveness Date

01/25/2021

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