PPP Loan information for Parallel solutions llc

$335,455

Parallel solutions llc was initially approved for PPP Loan of amount $335,455, the current approved amount is $335,455. The loan was approved on 03/18/2021 by The Fifth Third Bank reported 13 jobs and $335,455 was used to fund payroll.

Parallel solutions llc is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / Parallel solutions llc

PARALLEL SOLUTIONS LLC

Date Approved

03/18/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PARALLEL SOLUTIONS LLC

Borrower Address

1251 N Plum Grove Rd

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-5600

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335455.00

Current Approval Amount

335455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-5600

CD

IL-08

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

335452.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

340785.01

Forgiveness Date

10/25/2022

;