Miles College

$2,500,000 PPP Loan in Fairfield, Alabama

Loan Details

Loan Number
2366927210
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$2,500,000
Current Approval
$2,500,000
Forgiveness Amount
$2,538,630
Forgiveness Date
Nov 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Miles College
Address
5500 Myron Massey Blvd,
State
Alabama
ZIP Code
35064-2621
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
300
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$2,500,000

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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