PPP Loan information for Rochester university

$1,574,300

Rochester university was initially approved for PPP Loan of amount $1,574,300, the current approved amount is $1,574,300. The loan was approved on 04/16/2020 by The Loan Source Incorporated reported 214 jobs and $1,574,300 was used to fund payroll.

Rochester university is Existing or more than 2 years old

ROCHESTER UNIVERSITY

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROCHESTER UNIVERSITY

Borrower Address

800 West Avon

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48307

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1574300.00

Current Approval Amount

1574300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-0001

CD

MI-10

Jobs Reported

214

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1574300.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1588619.66

Forgiveness Date

03/17/2021

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