# PPP loan: WILMINGTON COLLEGE
> **$2.28M** approved 04/04/2020 · Paid in Full · Loan `4773727009`
## Borrower
- **Name:** WILMINGTON COLLEGE
- **Address:** 1870 QUAKER WAY, WILMINGTON, OH, 45177-2473
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.28M
- **Initial approval:** $2.28M
- **Forgiven:** $2.31M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.71M
- **Mortgage interest:** $285K
- **Utilities:** $285K
- **Jobs reported:** 444
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*