Converse College
$3,063,864 PPP Loan in Spartanburg, South Carolina
Loan Details
- Loan Number
- 7605797002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,063,864
- Current Approval
- $3,063,864
- Forgiveness Amount
- $3,099,013
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Converse College
- Address
- 580 E. Main St
- City
- Spartanburg
- State
- South Carolina
- ZIP Code
- 29302-0006
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 482
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- SC-04
Loan Use Breakdown
- Payroll
- $2,676,016
- Rent
- $8,000
- Utilities
- $193,001
- Debt Interest
- $186,847
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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