PPP Loan information for Cairn university

$2,330,000

Cairn university was initially approved for PPP Loan of amount $2,330,000, the current approved amount is $2,330,000. The loan was approved on 04/28/2020 by The Penn Community Bank reported 396 jobs and $2,330,000 was used to fund payroll.

Cairn university is Unanswered

CAIRN UNIVERSITY

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CAIRN UNIVERSITY

Borrower Address

200 Manor Ave

Borrower City

LANGHORNE

Borrower State

PA

Borrower Zip

19047-2942

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2330000.00

Current Approval Amount

2330000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

LANGHORNE

Project County Name

BUCKS

Project State

PA

Project Zip

19047-2942

CD

PA-01

Jobs Reported

396

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2330000.00

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

Non-Profit Organization

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2359448.61

Forgiveness Date

08/02/2021

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