PPP Loan information for Tougaloo college

$2,337,100

Tougaloo college was initially approved for PPP Loan of amount $2,637,100, the current approved amount is $2,337,100. The loan was approved on 04/28/2020 by The Hope Enterprise Corporation reported 347 jobs and $2,337,100 was used to fund payroll.

Tougaloo college is Existing or more than 2 years old

PPP Loan Search / MS / Tougaloo / Tougaloo college

TOUGALOO COLLEGE

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TOUGALOO COLLEGE

Borrower Address

500 W County Line Rd

Borrower City

Tougaloo

Borrower State

MS

Borrower Zip

39174-9700

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2637100.00

Current Approval Amount

2337100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

487365

Servicing Lender Name

Hope Enterprise Corporation

Servicing Lender Address

4 Old River Place

Servicing Lender City

Jackson

Servicing Lender State

MS

Servicing Lender Zip

39202

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tougaloo

Project County Name

MADISON

Project State

MS

Project Zip

39174-9700

CD

MS-02

Jobs Reported

347

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2337100.00

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

487365

Originating Lender

Hope Enterprise Corporation

Originating Lender City

Jackson

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2369559.72

Forgiveness Date

09/21/2021

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