Faulkner University
$3,654,500 PPP Loan in Montgomery, Alabama
Loan Details
- Loan Number
- 3861357207
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,654,500
- Current Approval
- $3,654,500
- Forgiveness Amount
- $3,695,918
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Faulkner University
- Address
- 5345 Atlanta Highway
- City
- Montgomery
- State
- Alabama
- ZIP Code
- 36109-3323
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 494
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- AL-02
Loan Use Breakdown
- Payroll
- $2,740,875
- Rent
- $730,900
- Utilities
- $182,725
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
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