2ND AVE, LLC (PA) - 2020 PPP Loan Borrower Profile (# 2893067105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2ND AVE, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Pennsylvania.

Loan Detail

Loan Number

2893067105

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$5,504,100

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$5,568,467.39

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

5,504,100

Lender

Mid Penn Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

454110

Borrower Location

BENSALEM, PA

Project Location

BENSALEM, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

500

Business Age Description

Existing or more than 2 years old

Data Source: SBA.