PPP Loan information for Par aide products co.

$535,000

Par aide products co. was initially approved for PPP Loan of amount $535,000, the current approved amount is $535,000. The loan was approved on 02/24/2021 by The Alerus Financial, National Association reported 37 jobs and $535,000 was used to fund payroll.

Par aide products co. is Existing or more than 2 years old

PPP Loan Search / MN / St Paul / Par aide products co.

PAR AIDE PRODUCTS CO.

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PAR AIDE PRODUCTS CO.

Borrower Address

5820 Centerville Rd Ste 200

Borrower City

St Paul

Borrower State

MN

Borrower Zip

55127

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

535000.00

Current Approval Amount

535000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Paul

Project County Name

RAMSEY

Project State

MN

Project Zip

55127

CD

MN-04

Jobs Reported

37

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

534998.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

538834.17

Forgiveness Date

11/16/2021

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