The Sarah A. Reed Children's Center

$2,670,442 PPP Loan in Erie, Pennsylvania

Loan Details

Loan Number
5733907004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,670,442
Current Approval
$2,670,442
Forgiveness Amount
$2,701,390
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Sarah A. Reed Children's Center
Address
2445 West 34th Street
City
Erie
ZIP Code
16506-3549
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623220)
Business Age
Existing or more than 2 years old
Jobs Reported
322
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
PA-16

Loan Use Breakdown

Payroll
$2,518,710
Rent
$50,000
Utilities
$60,000
Mortgage Interest
$31,732
Debt Interest
$10,000

Lender Information

Servicing Lender
Cnb Bank
Originating Lender
Cnb Bank

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