PPP Loan information for Parachut inc

$154,487

Parachut inc was initially approved for PPP Loan of amount $154,487, the current approved amount is $154,487. The loan was approved on 04/15/2020 by The Cross River Bank reported 8 jobs and $154,487 was used to fund payroll.

Parachut inc is Existing or more than 2 years old

PPP Loan Search / UT / LEHI / Parachut inc

PARACHUT INC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PARACHUT INC

Borrower Address

STE 100 2701 N THANKSGIVING WAY

Borrower City

LEHI

Borrower State

UT

Borrower Zip

84043-6331

Loan Status Date

02/18/2022

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

154487.00

Current Approval Amount

154487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEHI

Project County Name

UTAH

Project State

UT

Project Zip

84043-6331

CD

UT-04

Jobs Reported

8

NAICS Code

532289

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154487.00

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

Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;