PPP Loan information for Paine college

$1,397,096

Paine college was initially approved for PPP Loan of amount $1,397,096, the current approved amount is $1,397,096. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 154 jobs and $1,397,096 was used to fund payroll.

Paine college is Existing or more than 2 years old

PAINE COLLEGE

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PAINE COLLEGE

Borrower Address

1235 15TH STREET

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30901

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1397096.00

Current Approval Amount

1397096.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30901-0001

CD

GA-12

Jobs Reported

154

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1397096.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1419564.37

Forgiveness Date

12/16/2021

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