PPP Loan information for Loras college

$3,859,200

Loras college was initially approved for PPP Loan of amount $3,859,200, the current approved amount is $3,859,200. The loan was approved on 05/08/2020 by The MidWestOne Bank reported 491 jobs and $3,859,200 was used to fund payroll.

Loras college is Existing or more than 2 years old

LORAS COLLEGE

Date Approved

05/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LORAS COLLEGE

Borrower Address

1450 Alta Vista

Borrower City

Dubuque

Borrower State

IA

Borrower Zip

52001-4327

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3859200.00

Current Approval Amount

3859200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dubuque

Project County Name

DUBUQUE

Project State

IA

Project Zip

52001-4327

CD

IA-02

Jobs Reported

491

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3859200.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3901544.00

Forgiveness Date

06/11/2021

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