PPP Loan information for Lehigh valley economic development corporation

$329,500

Lehigh valley economic development corporation was initially approved for PPP Loan of amount $329,500, the current approved amount is $329,500. The loan was approved on 04/16/2020 by The Peoples Security Bank and Trust Company reported 22 jobs and $329,500 was used to fund payroll.

Lehigh valley economic development corporation is Existing or more than 2 years old

PPP Loan Search / PA / BETHLEHEM / Lehigh valley economic development corporation

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/16/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

2158 avenue c

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18017

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329500.00

Current Approval Amount

329500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18017-0001

CD

PA-07

Jobs Reported

22

NAICS Code

531311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329500.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

331888.88

Forgiveness Date

01/11/2021

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