PPP Loan information for Parroco production group inc.

$122,935

Parroco production group inc. was initially approved for PPP Loan of amount $122,935, the current approved amount is $122,935. The loan was approved on 02/06/2021 by The TowneBank reported 13 jobs and $122,935 was used to fund payroll.

Parroco production group inc. is Existing or more than 2 years old

PARROCO PRODUCTION GROUP INC.

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PARROCO PRODUCTION GROUP INC.

Borrower Address

2612 Taylor Rd

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23321-2206

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122935.00

Current Approval Amount

122935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-2206

CD

VA-03

Jobs Reported

13

NAICS Code

541519

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122932.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123798.96

Forgiveness Date

10/25/2021

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