# PPP loan: THE ARC OF NEPA
> **$1.30M** approved 03/28/2021 · Paid in Full · Loan `2122798709`
## Borrower
- **Name:** THE ARC OF NEPA
- **Address:** 115 Meadow Ave 115 Meadow Avenue, Scranton, PA, 18505-2168
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 166
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*