PPP Loan information for Paramount industry inc

$50,300

Paramount industry inc was initially approved for PPP Loan of amount $50,300, the current approved amount is $50,300. The loan was approved on 04/28/2020 by The Charles River Bank reported 8 jobs and $50,300 was used to fund payroll.

Paramount industry inc is Existing or more than 2 years old

PARAMOUNT INDUSTRY INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PARAMOUNT INDUSTRY INC

Borrower Address

42 MILFORD ST

Borrower City

MEDWAY

Borrower State

MA

Borrower Zip

02053-1631

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50300.00

Current Approval Amount

50300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85119

Servicing Lender Name

Charles River Bank

Servicing Lender Address

70 Main St

Servicing Lender City

MEDWAY

Servicing Lender State

MA

Servicing Lender Zip

02053-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDWAY

Project County Name

NORFOLK

Project State

MA

Project Zip

02053-1631

CD

MA-02

Jobs Reported

8

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50300.00

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

85119

Originating Lender

Charles River Bank

Originating Lender City

MEDWAY

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50612.98

Forgiveness Date

12/09/2020

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