PPP Loan information for Lehigh valley economic development corporation

$330,965

Lehigh valley economic development corporation was initially approved for PPP Loan of amount $330,965, the current approved amount is $330,965. The loan was approved on 03/17/2021 by The Peoples Security Bank and Trust Company reported 14 jobs and $330,965 was used to fund payroll.

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

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

03/17/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

2158 Avenue C Ste 200

Borrower City

Bethlehem

Borrower State

PA

Borrower Zip

18017-2148

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330965.00

Current Approval Amount

330965.00

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

LEHIGH

Project State

PA

Project Zip

18017-2148

CD

PA-07

Jobs Reported

14

NAICS Code

541690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

330963.00

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

332730.15

Forgiveness Date

09/28/2021

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