# PPP loan: DEVELOPMENT MANAGEMENT INC
> **$259K** approved 04/30/2020 · Paid in Full · Loan `6758817307`
## Borrower
- **Name:** DEVELOPMENT MANAGEMENT INC
- **Address:** 645 hamilton st, ALLENTOWN, PA, 18101
- **NAICS:** 623312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 74
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*