PPP Loan information for Paramount builders, inc.

$489,499

Paramount builders, inc. was initially approved for PPP Loan of amount $489,499, the current approved amount is $489,499. The loan was approved on 04/16/2020 by The The Old Point National Bank of Phoebus reported 131 jobs and $489,499 was used to fund payroll.

Paramount builders, inc. is New Business or 2 years or less

PPP Loan Search / VA / Virginia Beach / Paramount builders, inc.

PARAMOUNT BUILDERS, INC.

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PARAMOUNT BUILDERS, INC.

Borrower Address

501 Central Drive

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23454

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489499.00

Current Approval Amount

489499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-0001

CD

VA-02

Jobs Reported

131

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

489499.00

Payroll Proceed

0.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494067.66

Forgiveness Date

04/08/2021

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