PPP Loan information for Parallel companies, inc.

$22,417

Parallel companies, inc. was initially approved for PPP Loan of amount $22,417, the current approved amount is $22,417. The loan was approved on 08/05/2020 by The U.S. Bank, National Association reported 3 jobs and $22,417 was used to fund payroll.

Parallel companies, inc. is Existing or more than 2 years old

PPP Loan Search / MN / APPLE VALLEY / Parallel companies, inc.

PARALLEL COMPANIES, INC.

Date Approved

08/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARALLEL COMPANIES, INC.

Borrower Address

7570 147TH ST W

Borrower City

APPLE VALLEY

Borrower State

MN

Borrower Zip

55124-6560

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22417.00

Current Approval Amount

22417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APPLE VALLEY

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-6560

CD

MN-02

Jobs Reported

3

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22417.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22736.44

Forgiveness Date

01/06/2022

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