PPP Loan information for Spring hill college

$2,649,000

Spring hill college was initially approved for PPP Loan of amount $2,649,000, the current approved amount is $2,649,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 381 jobs and $2,649,000 was used to fund payroll.

Spring hill college is Existing or more than 2 years old

SPRING HILL COLLEGE

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SPRING HILL COLLEGE

Borrower Address

4000 DAUPHIN ST

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36608-1780

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2649000.00

Current Approval Amount

2649000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36608-1780

CD

AL-01

Jobs Reported

381

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

2073000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

376000

Business Type

Non-Profit Organization

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2679978.58

Forgiveness Date

06/09/2021

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