Mount Mercy University
$3,384,327 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 6287057405
- Date Approved
- May 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,384,327
- Current Approval
- $3,384,327
- Forgiveness Amount
- $3,420,709
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mount Mercy University
- Address
- 1330 Elmhurst Dr NE
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52402
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 335
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $3,384,327
Lender Information
- Servicing Lender
- U.s. Bank, National Association
- Originating Lender
- U.s. Bank, National Association
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