PPP Loan information for Union college

$1,925,200

Union college was initially approved for PPP Loan of amount $1,925,200, the current approved amount is $1,925,200. The loan was approved on 04/04/2020 by The Forcht Bank, National Association reported 364 jobs and $1,925,200 was used to fund payroll.

Union college is Existing or more than 2 years old

PPP Loan Search / KY / BARBOURVILLE / Union college

UNION COLLEGE

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

UNION COLLEGE

Borrower Address

310 college st

Borrower City

BARBOURVILLE

Borrower State

KY

Borrower Zip

40906-1410

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1925200.00

Current Approval Amount

1925200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BARBOURVILLE

Project County Name

KNOX

Project State

KY

Project Zip

40906-1410

CD

KY-05

Jobs Reported

364

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

385000.00

Payroll Proceed

1540200.00

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

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1946698.07

Forgiveness Date

05/21/2021

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