# PPP loan: CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE
> **$271K** approved 04/30/2020 · Paid in Full · Loan `5993717307`
## Borrower
- **Name:** CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE
- **Address:** 507 McFarland Rd. Suite B, Lookout Mountain, GA, 30750
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 17
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*