# PPP loan: FAY-PENN ECONOMIC DEVELOPMENT COUNCIL
> **$171K** approved 04/04/2020 · Paid in Full · Loan `4742347010`
## Borrower
- **Name:** FAY-PENN ECONOMIC DEVELOPMENT COUNCIL
- **Address:** 1040 EBERLY WAY SUITE 200, LEMONT FURNACE, PA, 15456-1010
- **NAICS:** 926110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 11
## 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*