# PPP loan: MCKENDREE UNIVERSITY
> **$3.76M** approved 05/07/2020 · Paid in Full · Loan `3532477403`
## Borrower
- **Name:** MCKENDREE UNIVERSITY
- **Address:** 701 COLLEGE RD, LEBANON, IL, 62254-1291
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.76M
- **Initial approval:** $3.84M
- **Forgiven:** $3.80M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.76M
- **Jobs reported:** 442
## Lender
- **Originating:** The First National Bank of Waterloo
- **Servicing:** The First National Bank of Waterloo (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*