Bethel University INC

$3,209,400 PPP Loan in Mishawaka, Indiana

Loan Details

Loan Number
5573767010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,209,400
Current Approval
$3,209,400
Forgiveness Amount
$3,246,754
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bethel University INC
Address
1001 Bethel Circle
State
Indiana
ZIP Code
46545-2232
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
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$2,217,236
Utilities
$144,166
Health Care
$350,343
Mortgage Interest
$127,666
Debt Interest
$369,989

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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