# PPP loan: KENTUCKY WESLEYAN COLLEGE
> **$1.62M** approved 04/06/2020 · Paid in Full · Loan `5921447005`
## Borrower
- **Name:** KENTUCKY WESLEYAN COLLEGE
- **Address:** 3000 FREDERICA ST, OWENSBORO, KY, 42301-6055
- **NAICS:** 611310
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 262
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*