# PPP loan: OLIVET COLLEGE
> **$1.89M** approved 04/28/2020 · Paid in Full · Loan `7238317202`
## Borrower
- **Name:** OLIVET COLLEGE
- **Address:** 320 S Mains St, Olivet, MI, 49076
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.89M
- **Jobs reported:** 387
## Lender
- **Originating:** Eaton Community Bank
- **Servicing:** Eaton Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*