PPP Loan information for Interchange development company, inc.

$89,689

Interchange development company, inc. was initially approved for PPP Loan of amount $89,689, the current approved amount is $89,689. The loan was approved on 02/12/2021 by The QNB Bank reported 13 jobs and $89,689 was used to fund payroll.

Interchange development company, inc. is Existing or more than 2 years old

INTERCHANGE DEVELOPMENT COMPANY, INC.

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

INTERCHANGE DEVELOPMENT COMPANY, INC.

Borrower Address

1619 Interchange Rd

Borrower City

Lehighton

Borrower State

PA

Borrower Zip

18235-9407

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89689.00

Current Approval Amount

89689.00

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lehighton

Project County Name

CARBON

Project State

PA

Project Zip

18235-9407

CD

PA-07

Jobs Reported

13

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89684.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90512.17

Forgiveness Date

01/19/2022

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