PPP Loan information for Paramount hotel limited partnership

$706,200

Paramount hotel limited partnership was initially approved for PPP Loan of amount $706,200, the current approved amount is $706,200. The loan was approved on 04/06/2020 by The BNC National Bank reported 178 jobs and $706,200 was used to fund payroll.

Paramount hotel limited partnership is Existing or more than 2 years old

PARAMOUNT HOTEL LIMITED PARTNERSHIP

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PARAMOUNT HOTEL LIMITED PARTNERSHIP

Borrower Address

1635 43rd St S, Suite 305

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-3317

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

706200.00

Current Approval Amount

706200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-3317

CD

ND-

Jobs Reported

178

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

74672.00

Payroll Proceed

565004.00

Mortgage Interest Proceed

66524.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

711614.20

Forgiveness Date

01/25/2021

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