PPP Loan information for Transylvania university

$3,987,100

Transylvania university was initially approved for PPP Loan of amount $3,987,100, the current approved amount is $3,987,100. The loan was approved on 04/03/2020 by The Central Bank & Trust Co. reported 250 jobs and $3,987,100 was used to fund payroll.

Transylvania university is Existing or more than 2 years old

TRANSYLVANIA UNIVERSITY

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TRANSYLVANIA UNIVERSITY

Borrower Address

300 N BROADWAY

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40508-1706

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3987100.00

Current Approval Amount

3987100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40508-1706

CD

KY-06

Jobs Reported

250

NAICS Code

611310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3987100.00

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4034391.44

Forgiveness Date

06/15/2021

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