Carson-Newman University

$3,943,902 PPP Loan in Jefferson City, Tennessee

Loan Details

Loan Number
7232347101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,943,902
Current Approval
$3,943,902
Forgiveness Amount
$3,988,161
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carson-Newman University
Address
1646 Russell Ave
ZIP Code
37760
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
456
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$3,400,040
Utilities
$268,641
Health Care
$198,860
Debt Interest
$76,361

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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