PPP Loan information for Albion college

$6,007,597

Albion college was initially approved for PPP Loan of amount $6,007,597, the current approved amount is $6,007,597. The loan was approved on 06/19/2020 by The First National Bank of Michigan reported 498 jobs and $6,007,597 was used to fund payroll.

Albion college is Existing or more than 2 years old

PPP Loan Search / MI / ALBION / Albion college

ALBION COLLEGE

Date Approved

06/19/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALBION COLLEGE

Borrower Address

611 PORTER ST

Borrower City

ALBION

Borrower State

MI

Borrower Zip

49224-1831

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6007597.00

Current Approval Amount

6007597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-1831

CD

MI-05

Jobs Reported

498

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6007597.00

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

Professional Association

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6065862.46

Forgiveness Date

06/16/2021

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