# PPP loan: HENDRIX COLLEGE
> **$4.99M** approved 05/06/2020 · Paid in Full · Loan `2555757402`
## Borrower
- **Name:** HENDRIX COLLEGE
- **Address:** 1600 WASHINGTON AVE, CONWAY, AR, 72032-4115
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $4.99M
- **Initial approval:** $4.83M
- **Forgiven:** $5.05M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.74M
- **Rent:** $748K
- **Utilities:** $499K
- **Jobs reported:** 448
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*