# PPP loan: CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
> **$199K** approved 03/17/2021 · Paid in Full · Loan `3931228609`
## Borrower
- **Name:** CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
- **Address:** 53 W South St, Carlisle, PA, 17013-3458
- **NAICS:** 561990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 13
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*