PPP Loan information for Paramount mechanical, inc.

$1,021,322

Paramount mechanical, inc. was initially approved for PPP Loan of amount $2,027,800, the current approved amount is $1,021,322. The loan was approved on 04/14/2020 by The Truist Bank reported 90 jobs and $1,021,322 was used to fund payroll.

Paramount mechanical, inc. is Existing or more than 2 years old

PARAMOUNT MECHANICAL, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PARAMOUNT MECHANICAL, INC.

Borrower Address

7053 GATEWAY CT

Borrower City

MANASSAS

Borrower State

VA

Borrower Zip

20109-7305

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2027800.00

Current Approval Amount

1021322.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANASSAS

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20109-7305

CD

VA-10

Jobs Reported

90

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1021322.07

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1035961.02

Forgiveness Date

09/21/2021

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