PPP Loan information for Paradise foods, inc.

$684,200

Paradise foods, inc. was initially approved for PPP Loan of amount $684,200, the current approved amount is $684,200. The loan was approved on 04/06/2020 by The City National Bank reported 234 jobs and $684,200 was used to fund payroll.

Paradise foods, inc. is Existing or more than 2 years old

PARADISE FOODS, INC.

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PARADISE FOODS, INC.

Borrower Address

296 Highland Drive PO BOX 18939

Borrower City

NATCHEZ

Borrower State

MS

Borrower Zip

39122-8939

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

684200.00

Current Approval Amount

684200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATCHEZ

Project County Name

ADAMS

Project State

MS

Project Zip

39122-8939

CD

MS-02

Jobs Reported

234

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

513224.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

170976.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

692822.79

Forgiveness Date

07/27/2021

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