PPP Loan information for Developmental enterprises corporation

$1,495,800

Developmental enterprises corporation was initially approved for PPP Loan of amount $1,495,800, the current approved amount is $1,495,800. The loan was approved on 03/31/2021 by The The Victory Bank reported 96 jobs and $1,495,800 was used to fund payroll.

Developmental enterprises corporation is Existing or more than 2 years old

PPP Loan Search / PA / Norristown / Developmental enterprises corporation

DEVELOPMENTAL ENTERPRISES CORPORATION

Date Approved

03/31/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DEVELOPMENTAL ENTERPRISES CORPORATION

Borrower Address

333 E Airy St

Borrower City

Norristown

Borrower State

PA

Borrower Zip

19401-5039

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1495800.00

Current Approval Amount

1495800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453247

Servicing Lender Name

The Victory Bank

Servicing Lender Address

548 N Lewis Rd

Servicing Lender City

LIMERICK

Servicing Lender State

PA

Servicing Lender Zip

19468-1119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norristown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19401-5039

CD

PA-05

Jobs Reported

96

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1495794.00

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

453247

Originating Lender

The Victory Bank

Originating Lender City

LIMERICK

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1508888.25

Forgiveness Date

02/14/2022

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