PPP Loan information for Paragon paving, inc.

$416,600

Paragon paving, inc. was initially approved for PPP Loan of amount $416,600, the current approved amount is $416,600. The loan was approved on 04/10/2020 by The TowneBank reported 33 jobs and $416,600 was used to fund payroll.

Paragon paving, inc. is Existing or more than 2 years old

PARAGON PAVING, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PARAGON PAVING, INC.

Borrower Address

5847 Hargrove St.

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-4636

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416600.00

Current Approval Amount

416600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-4636

CD

VA-03

Jobs Reported

33

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

419122.74

Forgiveness Date

11/27/2020

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