PPP Loan information for Paragon furniture inc

$577,511

Paragon furniture inc was initially approved for PPP Loan of amount $577,511, the current approved amount is $577,511. The loan was approved on 01/21/2021 by The Veritex Community Bank reported 53 jobs and $577,511 was used to fund payroll.

Paragon furniture inc is Existing or more than 2 years old

PARAGON FURNITURE INC

Date Approved

01/21/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PARAGON FURNITURE INC

Borrower Address

2224 E Randol Mill Rd

Borrower City

Arlington

Borrower State

TX

Borrower Zip

76011-6331

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

577510.77

Current Approval Amount

577510.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

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

76011-6331

CD

TX-06

Jobs Reported

53

NAICS Code

337214

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

577507.77

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

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580975.83

Forgiveness Date

09/17/2021

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