# PPP loan: WILLIAM PEACE UNIVERSITY
> **$2.04M** approved 04/08/2020 · Paid in Full · Loan `8318857009`
## Borrower
- **Name:** WILLIAM PEACE UNIVERSITY
- **Address:** 15 E. Peace St, RALEIGH, NC, 27604-1176
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.04M
- **Initial approval:** $2.04M
- **Forgiven:** $2.06M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Utilities:** $250K
- **Jobs reported:** 357
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*