PPP Loan information for Paramount metal finishing co.

$731,755

Paramount metal finishing co. was initially approved for PPP Loan of amount $731,755, the current approved amount is $731,755. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 97 jobs and $731,755 was used to fund payroll.

Paramount metal finishing co. is Existing or more than 2 years old

PARAMOUNT METAL FINISHING CO.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PARAMOUNT METAL FINISHING CO.

Borrower Address

1515 W. Elizabeth Ave.

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

731755.00

Current Approval Amount

731755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

UNION

Project State

NJ

Project Zip

07036-0001

CD

NJ-10

Jobs Reported

97

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

731755.00

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

Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

738110.24

Forgiveness Date

03/08/2021

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