PPP Loan information for Paradise enterprises inc

$300,697

Paradise enterprises inc was initially approved for PPP Loan of amount $300,697, the current approved amount is $300,697. The loan was approved on 04/27/2020 by The Truist Bank reported 20 jobs and $300,697 was used to fund payroll.

Paradise enterprises inc is Existing or more than 2 years old

PARADISE ENTERPRISES INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PARADISE ENTERPRISES INC

Borrower Address

6940A HWY 59 NORTH

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300697.00

Current Approval Amount

300697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-0001

CD

AL-01

Jobs Reported

20

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300697.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303110.93

Forgiveness Date

02/19/2021

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