PPP Loan information for Parallel properties,llc

$92,500

Parallel properties,llc was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 04/14/2020 by The Truist Bank reported 10 jobs and $92,500 was used to fund payroll.

Parallel properties,llc is Existing or more than 2 years old

PARALLEL PROPERTIES,LLC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PARALLEL PROPERTIES,LLC

Borrower Address

253 WELSH POOL RD

Borrower City

EXTON

Borrower State

PA

Borrower Zip

19341-1316

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXTON

Project County Name

CHESTER

Project State

PA

Project Zip

19341-1316

CD

PA-06

Jobs Reported

10

NAICS Code

322230

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92500.00

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

93252.85

Forgiveness Date

02/09/2021

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