PPP Loan information for Husson university

$5,965,000

Husson university was initially approved for PPP Loan of amount $5,965,000, the current approved amount is $5,965,000. The loan was approved on 04/14/2020 by The Bangor Savings Bank reported 492 jobs and $5,965,000 was used to fund payroll.

Husson university is Existing or more than 2 years old

HUSSON UNIVERSITY

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

HUSSON UNIVERSITY

Borrower Address

1 College Circle

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5965000.00

Current Approval Amount

5965000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-0002

CD

ME-02

Jobs Reported

492

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5965000.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

6143618.61

Forgiveness Date

04/07/2023

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