PPP Loan information for Laurel business institute

$520,365

Laurel business institute was initially approved for PPP Loan of amount $520,365, the current approved amount is $520,365. The loan was approved on 02/12/2021 by The First National Bank of Pennsylvania reported 73 jobs and $520,365 was used to fund payroll.

Laurel business institute is Existing or more than 2 years old

LAUREL BUSINESS INSTITUTE

Date Approved

02/12/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

LAUREL BUSINESS INSTITUTE

Borrower Address

11 E Penn St

Borrower City

Uniontown

Borrower State

PA

Borrower Zip

15401-3414

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520365.00

Current Approval Amount

520365.00

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

73

NAICS Code

611519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520365.00

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

524238.83

Forgiveness Date

11/17/2021

;