PPP Loan information for Mitchell college

$2,429,000

Mitchell college was initially approved for PPP Loan of amount $2,528,500, the current approved amount is $2,429,000. The loan was approved on 04/11/2020 by The BankUnited, National Association reported 327 jobs and $2,429,000 was used to fund payroll.

Mitchell college is New Business or 2 years or less

MITCHELL COLLEGE

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MITCHELL COLLEGE

Borrower Address

437 Pequot Ave

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320-4452

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2528500.00

Current Approval Amount

2429000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-4452

CD

CT-02

Jobs Reported

327

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2429000.00

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

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2456933.50

Forgiveness Date

06/09/2021

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