Freed-Hardeman University

$3,810,130 PPP Loan in Henderson, Tennessee

Loan Details

Loan Number
8658087010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,810,130
Current Approval
$3,810,130
Forgiveness Amount
$3,853,523
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Freed-Hardeman University
Address
158 East Main Street
ZIP Code
38340-2306
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
380
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$3,428,160
Utilities
$202,800
Health Care
$10,000
Mortgage Interest
$162,600
Debt Interest
$6,570

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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