Shaw University

$2,695,500 PPP Loan in Raleigh, North Carolina

Loan Details

Loan Number
6119167001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,695,500
Current Approval
$2,695,300
Forgiveness Amount
$2,725,428
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaw University
Address
118 East South Street
ZIP Code
27601-2341
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Unanswered
Jobs Reported
304
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NC-13

Loan Use Breakdown

Payroll
$2,695,300

Lender Information

Servicing Lender
Mechanics & Farmers Bank
Originating Lender
Mechanics & Farmers Bank

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