# PPP loan: COLLEGE TOWN, INC.
> **$242K** approved 04/09/2020 · Paid in Full · Loan `1124947110`
## Borrower
- **Name:** COLLEGE TOWN, INC.
- **Address:** 63 W Burd  PO Box 337, SHIPPENSBURG, PA, 17257-0337
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 18
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*