PPP Loan information for Rust college

$1,391,900

Rust college was initially approved for PPP Loan of amount $1,391,900, the current approved amount is $1,391,900. The loan was approved on 04/08/2020 by The Bank of Holly Springs reported 199 jobs and $1,391,900 was used to fund payroll.

Rust college is Existing or more than 2 years old

RUST COLLEGE

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RUST COLLEGE

Borrower Address

150 RUST AVENUE

Borrower City

HOLLY SPRINGS

Borrower State

MS

Borrower Zip

38635-2328

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1391900.00

Current Approval Amount

1391900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39223

Servicing Lender Name

Bank of Holly Springs

Servicing Lender Address

970 Hwy 7 S

Servicing Lender City

HOLLY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

38635-9174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLY SPRINGS

Project County Name

MARSHALL

Project State

MS

Project Zip

38635-2328

CD

MS-01

Jobs Reported

199

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1391900.00

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

39223

Originating Lender

Bank of Holly Springs

Originating Lender City

HOLLY SPRINGS

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1403035.20

Forgiveness Date

01/25/2021

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