PPP Loan information for Lavelle investment inc.

$1,091,192

Lavelle investment inc. was initially approved for PPP Loan of amount $1,091,192, the current approved amount is $1,091,192. The loan was approved on 02/06/2021 by The Meridian Bank reported 105 jobs and $1,091,192 was used to fund payroll.

Lavelle investment inc. is Existing or more than 2 years old

LAVELLE INVESTMENT INC.

Date Approved

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

LAVELLE INVESTMENT INC.

Borrower Address

1345 Industrial Blvd

Borrower City

Southampton

Borrower State

PA

Borrower Zip

18966-4012

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1091191.50

Current Approval Amount

1091191.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BUCKS

Project State

PA

Project Zip

18966-4012

CD

PA-01

Jobs Reported

105

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1091185.50

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1105242.46

Forgiveness Date

05/26/2022

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