PPP Loan information for Selma university

$102,415

Selma university was initially approved for PPP Loan of amount $102,415, the current approved amount is $102,415. The loan was approved on 04/29/2020 by The Marion Bank and Trust Company reported 26 jobs and $102,415 was used to fund payroll.

Selma university is Existing or more than 2 years old

SELMA UNIVERSITY

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SELMA UNIVERSITY

Borrower Address

1501 Boynton Street

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36701

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102415.00

Current Approval Amount

102415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36701-0001

CD

AL-07

Jobs Reported

26

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102415.00

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

Corporation

Originating Lender Location Id

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103285.53

Forgiveness Date

03/03/2021

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