PPP Loan information for Paramount development corporation

$164,797

Paramount development corporation was initially approved for PPP Loan of amount $164,797, the current approved amount is $164,797. The loan was approved on 04/08/2020 by The City National Bank of West Virginia reported 9 jobs and $164,797 was used to fund payroll.

Paramount development corporation is Existing or more than 2 years old

PARAMOUNT DEVELOPMENT CORPORATION

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PARAMOUNT DEVELOPMENT CORPORATION

Borrower Address

263 White Oak Drive

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-8133

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164797.00

Current Approval Amount

164797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-8133

CD

WV-01

Jobs Reported

9

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150701.10

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14095.90

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

165717.12

Forgiveness Date

11/05/2020

;