PPP Loan information for City center development corporation

$437,900

City center development corporation was initially approved for PPP Loan of amount $437,900, the current approved amount is $437,900. The loan was approved on 04/06/2020 by The ESSA Bank & Trust reported 22 jobs and $437,900 was used to fund payroll.

City center development corporation is Existing or more than 2 years old

CITY CENTER DEVELOPMENT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CITY CENTER DEVELOPMENT CORPORATION

Borrower Address

645 HAMILTON ST

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18101-2108

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437900.00

Current Approval Amount

437900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78923

Servicing Lender Name

ESSA Bank & Trust

Servicing Lender Address

200 Palmer St

Servicing Lender City

STROUDSBURG

Servicing Lender State

PA

Servicing Lender Zip

18360-1645

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

18101-2108

CD

PA-07

Jobs Reported

22

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

284000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45200.00

Debt Interest Proceed

35100

Business Type

Subchapter S Corporation

Originating Lender Location Id

78923

Originating Lender

ESSA Bank & Trust

Originating Lender City

STROUDSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442133.03

Forgiveness Date

03/31/2021

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