PPP Loan information for Parea inc

$86,100

Parea inc was initially approved for PPP Loan of amount $86,100, the current approved amount is $86,100. The loan was approved on 01/25/2021 by The 1st Source Bank reported 16 jobs and $86,100 was used to fund payroll.

Parea inc is Existing or more than 2 years old

PPP Loan Search / IN / Valparaiso / Parea inc

PAREA INC

Date Approved

01/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PAREA INC

Borrower Address

69 Franklin St

Borrower City

Valparaiso

Borrower State

IN

Borrower Zip

46383-5630

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86100.00

Current Approval Amount

86100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Valparaiso

Project County Name

PORTER

Project State

IN

Project Zip

46383-5630

CD

IN-01

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86098.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86949.04

Forgiveness Date

01/19/2022

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