# PPP loan: MARIETTA COLLEGE
> **$5.93M** approved 04/13/2020 · Exemption 4 · Loan `5416657106`
## Borrower
- **Name:** MARIETTA COLLEGE
- **Address:** 215 Fifth Street, MARIETTA, OH, 45750-3029
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.93M
- **Initial approval:** $5.93M
- **Forgiven:** $5.37M (90%)
- **Forgiveness date:** 11/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.93M
- **Jobs reported:** 419
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*