PPP Loan information for William penn university

$1,852,900

William penn university was initially approved for PPP Loan of amount $1,852,900, the current approved amount is $1,852,900. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 412 jobs and $1,852,900 was used to fund payroll.

William penn university is Existing or more than 2 years old

WILLIAM PENN UNIVERSITY

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WILLIAM PENN UNIVERSITY

Borrower Address

201 Trueblood Avenue

Borrower City

OSKALOOSA

Borrower State

IA

Borrower Zip

52577

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1852900.00

Current Approval Amount

1852900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSKALOOSA

Project County Name

MAHASKA

Project State

IA

Project Zip

52577-0001

CD

IA-01

Jobs Reported

412

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

115806.25

Payroll Proceed

1389675.00

Mortgage Interest Proceed

115806.25

Rent Proceed

115806.25

Refinance EIDL Proceed

0.00

Health Care Proceed

115806.25

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1871377.53

Forgiveness Date

04/15/2021

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