PPP Loan information for Olivet college

$1,855,182

Olivet college was initially approved for PPP Loan of amount $1,855,182, the current approved amount is $1,855,182. The loan was approved on 01/26/2021 by The Eaton Community Bank reported 217 jobs and $1,855,182 was used to fund payroll.

Olivet college is Existing or more than 2 years old

OLIVET COLLEGE

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OLIVET COLLEGE

Borrower Address

320 S Main St

Borrower City

Olivet

Borrower State

MI

Borrower Zip

49076-9406

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1855182.00

Current Approval Amount

1855182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84362

Servicing Lender Name

Eaton Community Bank

Servicing Lender Address

236 S Cochran Ave

Servicing Lender City

CHARLOTTE

Servicing Lender State

MI

Servicing Lender Zip

48813-1551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olivet

Project County Name

EATON

Project State

MI

Project Zip

49076-9406

CD

MI-03

Jobs Reported

217

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1855181.00

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

84362

Originating Lender

Eaton Community Bank

Originating Lender City

CHARLOTTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1876021.03

Forgiveness Date

03/15/2022

;