PPP Loan information for Paralea corporation

$265,561

Paralea corporation was initially approved for PPP Loan of amount $265,561, the current approved amount is $265,561. The loan was approved on 01/26/2021 by The Crest Savings Bank reported 28 jobs and $265,561 was used to fund payroll.

Paralea corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Wildwood / Paralea corporation

PARALEA CORPORATION

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PARALEA CORPORATION

Borrower Address

4900 Pacific Ave

Borrower City

Wildwood

Borrower State

NJ

Borrower Zip

08260-4525

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

265560.78

Current Approval Amount

265560.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80150

Servicing Lender Name

Crest Savings Bank

Servicing Lender Address

3301 Pacific Ave

Servicing Lender City

WILDWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08260-4823

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wildwood

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4525

CD

NJ-02

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

265555.78

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

80150

Originating Lender

Crest Savings Bank

Originating Lender City

WILDWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

269057.33

Forgiveness Date

05/24/2022

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