PPP Loan information for University management, inc

$2,659,000

University management, inc was initially approved for PPP Loan of amount $2,659,000, the current approved amount is $2,659,000. The loan was approved on 04/08/2020 by The Renasant Bank reported 500 jobs and $2,659,000 was used to fund payroll.

University management, inc is Existing or more than 2 years old

UNIVERSITY MANAGEMENT, INC

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

UNIVERSITY MANAGEMENT, INC

Borrower Address

P O Box 1368

Borrower City

COLUMBUS

Borrower State

MS

Borrower Zip

39703

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2659000.00

Current Approval Amount

2659000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

LOWNDES

Project State

MS

Project Zip

39703-0001

CD

MS-01

Jobs Reported

500

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2659000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2689209.19

Forgiveness Date

06/10/2021

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