PPP Loan information for Alvernia university

$5,922,689

Alvernia university was initially approved for PPP Loan of amount $5,302,315, the current approved amount is $5,922,689. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 395 jobs and $5,922,689 was used to fund payroll.

Alvernia university is Existing or more than 2 years old

ALVERNIA UNIVERSITY

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ALVERNIA UNIVERSITY

Borrower Address

400 Saint Bernardine Street

Borrower City

Reading

Borrower State

PA

Borrower Zip

19607

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5302315.00

Current Approval Amount

5922689.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19607-0001

CD

PA-06

Jobs Reported

395

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5922689.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5990306.37

Forgiveness Date

06/24/2021

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