PPP Loan information for Medical associates of the lehigh valley p.c.

$2,300,000

Medical associates of the lehigh valley p.c. was initially approved for PPP Loan of amount $2,300,000, the current approved amount is $2,300,000. The loan was approved on 04/05/2020 by The American Bank reported 172 jobs and $2,300,000 was used to fund payroll.

Medical associates of the lehigh valley p.c. is Existing or more than 2 years old

MEDICAL ASSOCIATES OF THE LEHIGH VALLEY P.C.

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MEDICAL ASSOCIATES OF THE LEHIGH VALLEY P.C.

Borrower Address

1605 NORTH CEDAR CREST BLVD Suite 110A

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-2304

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2300000.00

Current Approval Amount

2300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

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

18104-2304

CD

PA-07

Jobs Reported

172

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2300000.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2322105.56

Forgiveness Date

03/29/2021

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