PPP Loan information for Butler parachute systems, inc.

$443,948

Butler parachute systems, inc. was initially approved for PPP Loan of amount $443,948, the current approved amount is $443,948. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 44 jobs and $443,948 was used to fund payroll.

Butler parachute systems, inc. is Existing or more than 2 years old

BUTLER PARACHUTE SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BUTLER PARACHUTE SYSTEMS, INC.

Borrower Address

1820 LOUDON AVE

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24017

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

443947.50

Current Approval Amount

443947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24017-0001

CD

VA-06

Jobs Reported

44

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

443947.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

447097.70

Forgiveness Date

01/13/2021

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