Austin College

$4,571,100 PPP Loan in Sherman, Texas

Loan Details

Loan Number
6290777007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$4,571,100
Current Approval
$4,571,100
Forgiveness Amount
$4,623,448
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Austin College
Address
900 N Grand Ave
State
Texas
ZIP Code
75090-4400
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
338
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$3,500,000
Utilities
$200,000
Health Care
$490,200
Mortgage Interest
$380,900

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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