Howard Payne University

$1,907,500 PPP Loan in Brownwood, Texas

Loan Details

Loan Number
7278837003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,907,500
Current Approval
$1,907,500
Forgiveness Amount
$1,927,423
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Howard Payne University
Address
1000 Fisk Ave
State
Texas
ZIP Code
76801-2715
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
328
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$1,430,625
Utilities
$476,875

Lender Information

Servicing Lender
Texas Bank
Originating Lender
Texas Bank

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