PPP Loan information for Parekh inc

$18,988

Parekh inc was initially approved for PPP Loan of amount $18,988, the current approved amount is $18,988. The loan was approved on 02/11/2021 by The First Horizon Bank reported 8 jobs and $18,988 was used to fund payroll.

Parekh inc is Existing or more than 2 years old

PAREKH INC

Date Approved

02/11/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

PAREKH INC

Borrower Address

3001 Goodman Rd W Ste 1

Borrower City

Horn Lake

Borrower State

MS

Borrower Zip

38637-1188

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18987.50

Current Approval Amount

18987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Horn Lake

Project County Name

DESOTO

Project State

MS

Project Zip

38637-1188

CD

MS-01

Jobs Reported

8

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18981.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19201.64

Forgiveness Date

03/29/2022

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