PPP Loan information for Pralax llc

$55,000

Pralax llc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/28/2020 by The First Palmetto Bank reported 14 jobs and $55,000 was used to fund payroll.

Pralax llc is Existing or more than 2 years old

PRALAX LLC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PRALAX LLC

Borrower Address

328 W Main Street

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-0001

CD

SC-02

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6875.00

Payroll Proceed

41250.00

Mortgage Interest Proceed

0.00

Rent Proceed

6875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55792.92

Forgiveness Date

10/07/2021

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