PPP Loan information for Faulkner university

$3,654,500

Faulkner university was initially approved for PPP Loan of amount $3,654,500, the current approved amount is $3,654,500. The loan was approved on 04/27/2020 by The ServisFirst Bank reported 494 jobs and $3,654,500 was used to fund payroll.

Faulkner university is Existing or more than 2 years old

FAULKNER UNIVERSITY

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FAULKNER UNIVERSITY

Borrower Address

5345 Atlanta Highway

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36109-3323

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3654500.00

Current Approval Amount

3654500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36109-3323

CD

AL-02

Jobs Reported

494

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

182725.00

Payroll Proceed

2740875.00

Mortgage Interest Proceed

0.00

Rent Proceed

730900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3695917.67

Forgiveness Date

06/11/2021

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