PPP Loan information for The literacy center

$109,162

The literacy center was initially approved for PPP Loan of amount $109,162, the current approved amount is $109,162. The loan was approved on 03/13/2021 by The American Bank reported 27 jobs and $109,162 was used to fund payroll.

The literacy center is Existing or more than 2 years old

THE LITERACY CENTER

Date Approved

03/13/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

THE LITERACY CENTER

Borrower Address

1132 W Hamilton St Ste 300

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18101-1025

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109162.00

Current Approval Amount

109162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18101-1025

CD

PA-07

Jobs Reported

27

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109162.00

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

Non-Profit Organization

Originating Lender Location Id

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

109753.29

Forgiveness Date

10/04/2021

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