Walsh College
$2,755,000 PPP Loan in Troy, Michigan
Loan Details
- Loan Number
- 1977217105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,755,000
- Current Approval
- $2,755,000
- Forgiveness Amount
- $2,791,974
- Forgiveness Date
- Aug 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Walsh College
- Address
- 3838 Livernois Rd. 0.0
- City
- Troy
- State
- Michigan
- ZIP Code
- 48083-5066
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 262
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $2,385,000
- Utilities
- $20,000
- Health Care
- $290,000
- Debt Interest
- $60,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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