PPP Loan information for Bethel university inc

$3,209,400

Bethel university inc was initially approved for PPP Loan of amount $3,209,400, the current approved amount is $3,209,400. The loan was approved on 04/05/2020 by The Lake City Bank reported 250 jobs and $3,209,400 was used to fund payroll.

Bethel university inc is Existing or more than 2 years old

BETHEL UNIVERSITY INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BETHEL UNIVERSITY INC

Borrower Address

1001 Bethel Circle

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-2232

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3209400.00

Current Approval Amount

3209400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-2232

CD

IN-02

Jobs Reported

250

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

144166.00

Payroll Proceed

2217236.00

Mortgage Interest Proceed

127666.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

350343.00

Debt Interest Proceed

369989

Business Type

Non-Profit Organization

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3246753.85

Forgiveness Date

06/09/2021

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