PPP Loan information for Lavelle investment, inc.

$771,200

Lavelle investment, inc. was initially approved for PPP Loan of amount $221,800, the current approved amount is $771,200. The loan was approved on 04/14/2020 by The Meridian Bank reported 105 jobs and $771,200 was used to fund payroll.

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

LAVELLE INVESTMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LAVELLE INVESTMENT, INC.

Borrower Address

1345 Industrial Blvd

Borrower City

SOUTHAMPTON

Borrower State

PA

Borrower Zip

18966

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221800.00

Current Approval Amount

771200.00

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

18966-0001

CD

PA-01

Jobs Reported

105

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

771200.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

780855.85

Forgiveness Date

07/23/2021

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