# PPP loan: YOCUM INSTITUTE FOR ARTS EDUCATION
> **$152K** approved 04/13/2020 · Paid in Full · Loan `4760027110`
## Borrower
- **Name:** YOCUM INSTITUTE FOR ARTS EDUCATION
- **Address:** 3000 Penn Avenue, Reading, PA, 19609-1421
- **NAICS:** 611610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 11
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*