# PPP loan: WELCOME SCRANTON GP LLC
> **$506K** approved 04/10/2020 · Paid in Full · Loan `2432967101`
## Borrower
- **Name:** WELCOME SCRANTON GP LLC
- **Address:** 100 ADAMS AVE, SCRANTON, PA, 18503-1826
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $379K
- **Mortgage interest:** $34K
- **Utilities:** $93K
- **Jobs reported:** 96
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*