PPP Loan information for Paratech, incorporated

$1,213,700

Paratech, incorporated was initially approved for PPP Loan of amount $1,213,700, the current approved amount is $1,213,700. The loan was approved on 04/04/2020 by The Signature Bank reported 80 jobs and $1,213,700 was used to fund payroll.

Paratech, incorporated is Existing or more than 2 years old

PPP Loan Search / IL / FRANKFORT / Paratech, incorporated

PARATECH, INCORPORATED

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PARATECH, INCORPORATED

Borrower Address

1025 LAMBRECHT DR

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423-1648

Loan Status Date

06/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1213700.00

Current Approval Amount

1213700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442348

Servicing Lender Name

Signature Bank

Servicing Lender Address

9450 W Bryn Mawr Ave, Ste 300

Servicing Lender City

ROSEMONT

Servicing Lender State

IL

Servicing Lender Zip

60018-5248

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-1648

CD

IL-01

Jobs Reported

80

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1213700.00

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

442348

Originating Lender

Signature Bank

Originating Lender City

ROSEMONT

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1221218.20

Forgiveness Date

11/20/2020

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