# PPP loan: PHILANDER SMITH COLLEGE
> **$1.84M** approved 04/13/2020 · Paid in Full · Loan `4616437110`
## Borrower
- **Name:** PHILANDER SMITH COLLEGE
- **Address:** 900 DAISY L GATSON BATES DR, LITTLE ROCK, AR, 72202-3717
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Mortgage interest:** $276K
- **Utilities:** $184K
- **Jobs reported:** 275
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*