PPP Loan information for Para-pharm, inc.

$520,570

Para-pharm, inc. was initially approved for PPP Loan of amount $520,570, the current approved amount is $520,570. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 39 jobs and $520,570 was used to fund payroll.

Para-pharm, inc. is Existing or more than 2 years old

PARA-PHARM, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PARA-PHARM, INC.

Borrower Address

1213 MAIN ST

Borrower City

WILLIMANTIC

Borrower State

CT

Borrower Zip

06226-1907

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520570.00

Current Approval Amount

520570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLIMANTIC

Project County Name

WINDHAM

Project State

CT

Project Zip

06226-1907

CD

CT-02

Jobs Reported

39

NAICS Code

325412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520570.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524691.77

Forgiveness Date

02/16/2021

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