Spring Hill College
$2,649,000 PPP Loan in Mobile, Alabama
Loan Details
- Loan Number
- 5405267003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,649,000
- Current Approval
- $2,649,000
- Forgiveness Amount
- $2,679,979
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spring Hill College
- Address
- 4000 Dauphin St
- City
- Mobile
- State
- Alabama
- ZIP Code
- 36608-1780
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 381
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $2,073,000
- Utilities
- $200,000
- Debt Interest
- $376,000
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
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