# PPP loan: DEVELOPMENTAL ENTERPRISES CORPORATION
> **$1.50M** approved 03/31/2021 · Paid in Full · Loan `3696048700`
## Borrower
- **Name:** DEVELOPMENTAL ENTERPRISES CORPORATION
- **Address:** 333 E Airy St, Norristown, PA, 19401-5039
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $1
- **Jobs reported:** 96
## Lender
- **Originating:** The Victory Bank
- **Servicing:** The Victory Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*