PPP Loan information for Welch college

$785,812

Welch college was initially approved for PPP Loan of amount $785,812, the current approved amount is $785,812. The loan was approved on 04/10/2020 by The FirstBank reported 53 jobs and $785,812 was used to fund payroll.

Welch college is Existing or more than 2 years old

WELCH COLLEGE

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WELCH COLLEGE

Borrower Address

1045 Bison Trail

Borrower City

Gallatin

Borrower State

TN

Borrower Zip

37066-8460

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

785812.00

Current Approval Amount

785812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gallatin

Project County Name

SUMNER

Project State

TN

Project Zip

37066-8460

CD

TN-06

Jobs Reported

53

NAICS Code

611310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

785812.00

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

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

792360.43

Forgiveness Date

02/11/2021

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