PPP Loan information for Paradigm traffic systems, inc

$564,700

Paradigm traffic systems, inc was initially approved for PPP Loan of amount $564,700, the current approved amount is $564,700. The loan was approved on 04/13/2020 by The Bank of DeSoto, National Association reported 29 jobs and $564,700 was used to fund payroll.

Paradigm traffic systems, inc is Existing or more than 2 years old

PARADIGM TRAFFIC SYSTEMS, INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PARADIGM TRAFFIC SYSTEMS, INC

Borrower Address

2201 E. Division Street

Borrower City

Arlington

Borrower State

TX

Borrower Zip

76011-6621

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564700.00

Current Approval Amount

564700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69703

Servicing Lender Name

Bank of DeSoto, National Association

Servicing Lender Address

2011 N Hampton Rd

Servicing Lender City

DESOTO

Servicing Lender State

TX

Servicing Lender Zip

75115-2323

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

TARRANT

Project State

TX

Project Zip

76011-6621

CD

TX-06

Jobs Reported

29

NAICS Code

335931

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

564700.00

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

69703

Originating Lender

Bank of DeSoto, National Association

Originating Lender City

DESOTO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570974.44

Forgiveness Date

05/21/2021

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