PPP Loan information for Paramount colors, inc

$270,888

Paramount colors, inc was initially approved for PPP Loan of amount $73,500, the current approved amount is $270,888. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 17 jobs and $270,888 was used to fund payroll.

Paramount colors, inc is Existing or more than 2 years old

PARAMOUNT COLORS, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PARAMOUNT COLORS, INC

Borrower Address

999 Lee Street

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1206

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73500.00

Current Approval Amount

270888.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1206

CD

IL-08

Jobs Reported

17

NAICS Code

325998

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

270888.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272765.66

Forgiveness Date

12/31/2020

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