# PPP loan: SAVINGS CLUB, INC.
> **$1.31M** approved 02/06/2021 · Exemption 4 · Loan `4582048402`
## Borrower
- **Name:** SAVINGS CLUB, INC.
- **Address:** 301 S Main St Ste 2E, Doylestown, PA, 18901-4870
- **NAICS:** 721214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.15M (88%)
- **Forgiveness date:** 09/21/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 296
## Lender
- **Originating:** Citizens & Northern Bank
- **Servicing:** Citizens & Northern Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*