PPP Loan information for Clarks summit university

$899,148

Clarks summit university was initially approved for PPP Loan of amount $899,148, the current approved amount is $899,148. The loan was approved on 04/06/2020 by The Wayne Bank reported 390 jobs and $899,148 was used to fund payroll.

Clarks summit university is Existing or more than 2 years old

CLARKS SUMMIT UNIVERSITY

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CLARKS SUMMIT UNIVERSITY

Borrower Address

538 Venard Road

Borrower City

CLARKS SUMMIT

Borrower State

PA

Borrower Zip

18411-1250

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899147.50

Current Approval Amount

899147.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60383

Servicing Lender Name

Wayne Bank

Servicing Lender Address

717 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKS SUMMIT

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18411-1250

CD

PA-08

Jobs Reported

390

NAICS Code

611310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

899147.50

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

60383

Originating Lender

Wayne Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

909312.86

Forgiveness Date

05/27/2021

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