The Monmouth College

$2,000,000 PPP Loan in Monmouth, Illinois

Loan Details

Loan Number
2242988309
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$1,999,900
Forgiveness Amount
$2,017,788
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Monmouth College
Address
700 E Broadway
ZIP Code
61462-1963
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
254
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,999,900

Lender Information

Servicing Lender
Midwest Bank
Originating Lender
Midwest Bank

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