Philander Smith College

$1,842,800 PPP Loan in Little Rock, Arkansas

Loan Details

Loan Number
4616437110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,842,800
Current Approval
$1,842,800
Forgiveness Amount
$1,860,016
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Philander Smith College
Address
900 Daisy L Gatson Bates Dr
ZIP Code
72202-3717
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
275
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
AR-02

Loan Use Breakdown

Payroll
$1,382,100
Utilities
$184,280
Mortgage Interest
$276,420

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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