Washington Adventist University

$2,393,100 PPP Loan in Takoma Park, Maryland

Loan Details

Loan Number
2170497809
Date Approved
May 22, 2020
Loan Status
Paid in Full
Initial Approval
$2,393,100
Current Approval
$2,393,100
Forgiveness Amount
$2,418,277
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Washington Adventist University
Address
7600 Flower Avenue
ZIP Code
20912
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
475
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$1,873,100
Utilities
$250,000
Health Care
$150,000
Debt Interest
$120,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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