ACRES PROJECT (PA) - 2020 PPP Loan Borrower Profile (# 4024508306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACRES PROJECT. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Pennsylvania.

Loan Detail

Loan Number
4024508306
SBA Office Code
0358
Processing Method
PPS
Curent Loan Amount
$12,842
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$12,913.34
Date Loan was Forgiven
Aug 17, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
12,840
Lender
First National Bank of Pennsylvania

Business Detail

Business Type
Non-Profit Organization
NAICS
611710
Borrower Location
State College, PA
Project Location
State College, PA
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
15
Business Age Description
Existing or more than 2 years old
Data Source: SBA.