Charles R. Drew University of Medicine and Science

$5,520,000 PPP Loan in Los Angeles, California

Loan Details

Loan Number
9753097005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,520,000
Current Approval
$5,520,000
Forgiveness Amount
$5,585,167
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Charles R. Drew University of Medicine and Science
Address
1731 E 120th St
ZIP Code
90059-3051
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
450
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$5,000,000
Utilities
$170,000
Debt Interest
$350,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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