# PPP loan: THE CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COL
> **$280K** approved 02/24/2021 · Paid in Full · Loan `3593528503`
## Borrower
- **Name:** THE CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COL
- **Address:** 507 McFarland Rd Ste B, Lookout Mountain, GA, 30750-3165
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 08/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*