PPP Loan information for Mount mercy university

$3,384,327

Mount mercy university was initially approved for PPP Loan of amount $3,384,327, the current approved amount is $3,384,327. The loan was approved on 05/14/2020 by The U.S. Bank, National Association reported 335 jobs and $3,384,327 was used to fund payroll.

Mount mercy university is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Mount mercy university

MOUNT MERCY UNIVERSITY

Date Approved

05/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MOUNT MERCY UNIVERSITY

Borrower Address

1330 ELMHURST DR NE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3384327.00

Current Approval Amount

3384327.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-0005

CD

IA-02

Jobs Reported

335

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3384327.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3420708.52

Forgiveness Date

06/11/2021

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