Palmer College Foundation

$7,358,700 PPP Loan in Davenport, Iowa

Loan Details

Loan Number
4494997409
Date Approved
May 9, 2020
Loan Status
Paid in Full
Initial Approval
$7,358,700
Current Approval
$6,256,000
Forgiveness Amount
$6,349,666
Forgiveness Date
Nov 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palmer College Foundation
Address
1000 Brady Street
State
Iowa
ZIP Code
52803
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
421
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$6,256,000

Lender Information

Servicing Lender
Quad City Bank and Trust Company
Originating Lender
Quad City Bank and Trust Company

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