PPP Loan information for Paramount bakeries, inc

$550,000

Paramount bakeries, inc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/13/2020 by The KeyBank National Association reported 75 jobs and $550,000 was used to fund payroll.

Paramount bakeries, inc is Unanswered

PPP Loan Search / NJ / NEWARK / Paramount bakeries, inc

PARAMOUNT BAKERIES, INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PARAMOUNT BAKERIES, INC

Borrower Address

61 Davenport Avenue

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07107-2533

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07107-2533

CD

NJ-08

Jobs Reported

75

NAICS Code

311811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

550000.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

557383.56

Forgiveness Date

08/30/2021

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