# PPP loan: UNIVERSITY OF MOUNT OLIVE, INC.
> **$4.09M** approved 04/27/2020 · Paid in Full · Loan `5457947204`
## Borrower
- **Name:** UNIVERSITY OF MOUNT OLIVE, INC.
- **Address:** 634 Henderson Street, Mount Olive, NC, 28365
- **NAICS:** 611310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.09M
- **Initial approval:** $4.09M
- **Forgiven:** $4.15M (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.09M
- **Jobs reported:** 486
## Lender
- **Originating:** North State Bank
- **Servicing:** North State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*