PPP Loan information for Development management inc

$258,500

Development management inc was initially approved for PPP Loan of amount $258,500, the current approved amount is $258,500. The loan was approved on 04/30/2020 by The Peoples Security Bank and Trust Company reported 74 jobs and $258,500 was used to fund payroll.

Development management inc is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Development management inc

DEVELOPMENT MANAGEMENT INC

Date Approved

04/30/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DEVELOPMENT MANAGEMENT INC

Borrower Address

645 hamilton st

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18101

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258500.00

Current Approval Amount

258500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18101-1000

CD

PA-07

Jobs Reported

74

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258500.00

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

Subchapter S Corporation

Originating Lender Location Id

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260869.58

Forgiveness Date

03/31/2021

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