Cumberland University
$2,438,700 PPP Loan in Lebanon, Tennessee
Loan Details
- Loan Number
- 5128557008
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,438,700
- Current Approval
- $2,438,700
- Forgiveness Amount
- $2,467,626
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cumberland University
- Address
- 1 Cumberland Sq
- City
- Lebanon
- State
- Tennessee
- ZIP Code
- 37087-3408
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- TN-05
Loan Use Breakdown
- Payroll
- $1,829,000
- Mortgage Interest
- $609,700
Lender Information
- Servicing Lender
- Cedarstone Bank
- Originating Lender
- Cedarstone Bank
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