# PPP loan: LAVELLE INVESTMENT INC.
> **$1.09M** approved 02/06/2021 · Paid in Full · Loan `4132218408`
## Borrower
- **Name:** LAVELLE INVESTMENT INC.
- **Address:** 1345 Industrial Blvd, Southampton, PA, 18966-4012
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Utilities:** $1
- **Jobs reported:** 105
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*