Oakland City University

$2,488,400 PPP Loan in Oakland City, Indiana

Loan Details

Loan Number
5960657001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,488,400
Current Approval
$2,488,400
Forgiveness Amount
$2,517,708
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oakland City University
Address
138 Lucretia St
State
Indiana
ZIP Code
47660-1038
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
465
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$1,916,143
Rent
$174,195
Utilities
$199,080
Health Care
$198,982

Lender Information

Servicing Lender
The First National Bank of Carmi
Originating Lender
The First National Bank of Carmi

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