PPP Loan information for Olivet college

$1,894,525

Olivet college was initially approved for PPP Loan of amount $1,894,525, the current approved amount is $1,894,525. The loan was approved on 04/28/2020 by The Eaton Community Bank reported 387 jobs and $1,894,525 was used to fund payroll.

Olivet college is Existing or more than 2 years old

PPP Loan Search / MI / Olivet / Olivet college

OLIVET COLLEGE

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLIVET COLLEGE

Borrower Address

320 S Mains St

Borrower City

Olivet

Borrower State

MI

Borrower Zip

49076

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1894525.00

Current Approval Amount

1894525.00

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

49076-0060

CD

MI-03

Jobs Reported

387

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1894525.00

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

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1905373.10

Forgiveness Date

11/27/2020

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