# PPP loan: CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
> **$199K** approved 06/26/2020 · Paid in Full · Loan `4704198008`
## Borrower
- **Name:** CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
- **Address:** 53 W. South Street STE 1, Carlisle, PA, 17013-3447
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 15
## 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*