PPP Loan information for Cumberland area economic development corporation

$198,800

Cumberland area economic development corporation was initially approved for PPP Loan of amount $198,800, the current approved amount is $198,800. The loan was approved on 03/17/2021 by The Mid Penn Bank reported 13 jobs and $198,800 was used to fund payroll.

Cumberland area economic development corporation is Existing or more than 2 years old

PPP Loan Search / PA / Carlisle / Cumberland area economic development corporation

CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION

Date Approved

03/17/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

53 W South St

Borrower City

Carlisle

Borrower State

PA

Borrower Zip

17013-3458

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198800.00

Current Approval Amount

198800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carlisle

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17013-3458

CD

PA-10

Jobs Reported

13

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198800.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

200423.53

Forgiveness Date

01/19/2022

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