# PPP loan: CUMBERLAND TRUCK EQUIPMENT CO
> **$3.14M** approved 04/13/2020 · Paid in Full · Loan `4580907106`
## Borrower
- **Name:** CUMBERLAND TRUCK EQUIPMENT CO
- **Address:** 25 ROADWAY DR, CARLISLE, PA, 17015-8806
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.14M
- **Initial approval:** $3.14M
- **Forgiven:** $3.01M (96%)
- **Forgiveness date:** 02/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.14M
- **Jobs reported:** 292
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*