PPP Loan information for Paragon hotel company inc.

$792,000

Paragon hotel company inc. was initially approved for PPP Loan of amount $792,000, the current approved amount is $792,000. The loan was approved on 02/04/2021 by The First-Citizens Bank & Trust Company reported 45 jobs and $792,000 was used to fund payroll.

Paragon hotel company inc. is Existing or more than 2 years old

PPP Loan Search / SC / Anderson / Paragon hotel company inc.

PARAGON HOTEL COMPANY INC.

Date Approved

02/04/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PARAGON HOTEL COMPANY INC.

Borrower Address

109 Destination Blvd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29621-2343

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

792000.00

Current Approval Amount

792000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-2343

CD

SC-03

Jobs Reported

45

NAICS Code

561110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

791996.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

801352.11

Forgiveness Date

04/18/2022

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