PPP Loan information for Alderson broaddus university

$1,979,900

Alderson broaddus university was initially approved for PPP Loan of amount $1,998,200, the current approved amount is $1,979,900. The loan was approved on 04/16/2020 by The Peoples Bank reported 228 jobs and $1,979,900 was used to fund payroll.

Alderson broaddus university is Existing or more than 2 years old

ALDERSON BROADDUS UNIVERSITY

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

ALDERSON BROADDUS UNIVERSITY

Borrower Address

101 COLLEGE HILL DR BOX 2004

Borrower City

PHILIPPI

Borrower State

WV

Borrower Zip

26416-4600

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1998200.00

Current Approval Amount

1979900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHILIPPI

Project County Name

BARBOUR

Project State

WV

Project Zip

26416-4600

CD

WV-02

Jobs Reported

228

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1979900.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2001568.91

Forgiveness Date

05/21/2021

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