William Penn University
$1,852,900 PPP Loan in Oskaloosa, Iowa
Loan Details
- Loan Number
- 1495987208
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,852,900
- Current Approval
- $1,852,900
- Forgiveness Amount
- $1,871,378
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- William Penn University
- Address
- 201 Trueblood Avenue
- City
- Oskaloosa
- State
- Iowa
- ZIP Code
- 52577
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 412
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $1,389,675
- Rent
- $115,806
- Utilities
- $115,806
- Health Care
- $115,806
- Mortgage Interest
- $115,806
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in Oskaloosa, IA
| Business | Approved | |
|---|---|---|
| Mahaska County Hospital | $5,532,500 |  Research |
| William Penn University | $1,955,200 | Research |
| Mahaska Bottling Co | $1,911,343 | Research |
| Oskaloosa Food Products Corp. | $754,100 | Research |
| Oskaloosa Food Products Corp. | $710,000 | Research |
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