PPP Loan information for Hanover college

$3,668,200

Hanover college was initially approved for PPP Loan of amount $3,668,200, the current approved amount is $3,668,200. The loan was approved on 04/05/2020 by The German American Bank reported 353 jobs and $3,668,200 was used to fund payroll.

Hanover college is Existing or more than 2 years old

HANOVER COLLEGE

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HANOVER COLLEGE

Borrower Address

517 BALL DR

Borrower City

HANOVER

Borrower State

IN

Borrower Zip

47243-8600

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3668200.00

Current Approval Amount

3668200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

JEFFERSON

Project State

IN

Project Zip

47243-8600

CD

IN-09

Jobs Reported

353

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3668200.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3710409.42

Forgiveness Date

06/09/2021

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