# PPP loan: DEFIANCE COLLEGE
> **$1.57M** approved 04/10/2020 · Paid in Full · Loan `1517777108`
## Borrower
- **Name:** DEFIANCE COLLEGE
- **Address:** 701 N. Clinton Street, DEFIANCE, OH, 43512-1610
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.36M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 320
## Lender
- **Originating:** The State Bank and Trust Company
- **Servicing:** The State Bank and Trust Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*