PPP Loan information for Paramount industrial inc

$350,948

Paramount industrial inc was initially approved for PPP Loan of amount $350,948, the current approved amount is $350,948. The loan was approved on 04/10/2020 by The Community First Bank of Indiana reported 6 jobs and $350,948 was used to fund payroll.

Paramount industrial inc is Existing or more than 2 years old

PARAMOUNT INDUSTRIAL INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PARAMOUNT INDUSTRIAL INC

Borrower Address

1017 Nottingham Ln

Borrower City

Kokomo

Borrower State

IN

Borrower Zip

46902-9551

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350947.50

Current Approval Amount

350947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kokomo

Project County Name

HOWARD

Project State

IN

Project Zip

46902-9551

CD

IN-05

Jobs Reported

6

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

350947.50

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

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

354976.18

Forgiveness Date

06/15/2021

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