PPP Loan information for Laurel business institute

$479,000

Laurel business institute was initially approved for PPP Loan of amount $479,000, the current approved amount is $479,000. The loan was approved on 04/16/2020 by The First National Bank of Pennsylvania reported 66 jobs and $479,000 was used to fund payroll.

Laurel business institute is Existing or more than 2 years old

LAUREL BUSINESS INSTITUTE

Date Approved

04/16/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

LAUREL BUSINESS INSTITUTE

Borrower Address

11 E. PENN STREET

Borrower City

UNIONTOWN

Borrower State

PA

Borrower Zip

15401-3414

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479000.00

Current Approval Amount

479000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNIONTOWN

Project County Name

FAYETTE

Project State

PA

Project Zip

15401-3414

CD

PA-14

Jobs Reported

66

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

479000.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

484721.39

Forgiveness Date

07/06/2021

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