PPP Loan information for Semmel excavating inc

$268,000

Semmel excavating inc was initially approved for PPP Loan of amount $268,000, the current approved amount is $268,000. The loan was approved on 04/16/2020 by The American Bank reported 23 jobs and $268,000 was used to fund payroll.

Semmel excavating inc is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Semmel excavating inc

SEMMEL EXCAVATING INC

Date Approved

04/16/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SEMMEL EXCAVATING INC

Borrower Address

5000 Springside Court

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-9488

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268000.00

Current Approval Amount

268000.00

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

18104-9488

CD

PA-07

Jobs Reported

23

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

269704.78

Forgiveness Date

12/08/2020

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