PPP Loan information for Selma university

$73,866

Selma university was initially approved for PPP Loan of amount $73,866, the current approved amount is $73,866. The loan was approved on 03/01/2021 by The Marion Bank and Trust Company reported 17 jobs and $73,866 was used to fund payroll.

Selma university is Existing or more than 2 years old

SELMA UNIVERSITY

Date Approved

03/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SELMA UNIVERSITY

Borrower Address

1501 Boynton St

Borrower City

Selma

Borrower State

AL

Borrower Zip

36701-6059

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73866.00

Current Approval Amount

73866.00

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

36701-6059

CD

AL-07

Jobs Reported

17

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73864.00

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

74413.84

Forgiveness Date

12/01/2021

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