PPP Loan information for Direct learning systems inc

$127,400

Direct learning systems inc was initially approved for PPP Loan of amount $127,400, the current approved amount is $127,400. The loan was approved on 04/11/2020 by The Truist Bank reported 13 jobs and $127,400 was used to fund payroll.

Direct learning systems inc is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Direct learning systems inc

DIRECT LEARNING SYSTEMS INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DIRECT LEARNING SYSTEMS INC

Borrower Address

1011 BROOKSIDE RD

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18106-9020

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127400.00

Current Approval Amount

127400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18106-9020

CD

PA-07

Jobs Reported

13

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128316.57

Forgiveness Date

01/06/2021

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