# PPP loan: SIMPSON UNIVERSITY
> **$1.98M** approved 02/20/2021 · Paid in Full · Loan `2288998503`
## Borrower
- **Name:** SIMPSON UNIVERSITY
- **Address:** 2211 College View Dr, Redding, CA, 96003-8601
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $1.99M (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.98M
- **Utilities:** $1
- **Jobs reported:** 231
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*