PPP Loan information for University of mobile

$2,463,400

University of mobile was initially approved for PPP Loan of amount $2,463,400, the current approved amount is $2,463,400. The loan was approved on 04/06/2020 by The Community Bank of Mississippi reported 250 jobs and $2,463,400 was used to fund payroll.

University of mobile is Existing or more than 2 years old

PPP Loan Search / AL / EIGHT MILE / University of mobile

UNIVERSITY OF MOBILE

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

UNIVERSITY OF MOBILE

Borrower Address

5735 COLLEGE PKWY

Borrower City

EIGHT MILE

Borrower State

AL

Borrower Zip

36613-2842

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2463400.00

Current Approval Amount

2463400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EIGHT MILE

Project County Name

MOBILE

Project State

AL

Project Zip

36613-2842

CD

AL-01

Jobs Reported

250

NAICS Code

611310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

369588.00

Payroll Proceed

1847654.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

246158.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2495255.47

Forgiveness Date

07/27/2021

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