# PPP loan: WESSTMINSTER COLLEGE
> **$3.63M** approved 05/07/2020 · Paid in Full · Loan `3257177401`
## Borrower
- **Name:** WESSTMINSTER COLLEGE
- **Address:** 319 S MARKET ST, NEW WILMINGTON, PA, 16172-0002
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.63M
- **Initial approval:** $3.63M
- **Forgiven:** $3.67M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.90M
- **Utilities:** $725K
- **Jobs reported:** 409
## Lender
- **Originating:** Mercer County State Bank
- **Servicing:** Mercer County State Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*