# PPP loan: IRVINGS BAGELS, INC.
> **$163K** approved 04/09/2020 · Paid in Full · Loan `9258377009`
## Borrower
- **Name:** IRVINGS BAGELS, INC.
- **Address:** 110 East College Avenue, STATE COLLEGE, PA, 16801-4708
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 20
## Lender
- **Originating:** Reliance Savings Bank
- **Servicing:** Reliance Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*