PPP Loan information for Paragon furniture, inc.

$709,998

Paragon furniture, inc. was initially approved for PPP Loan of amount $709,900, the current approved amount is $709,998. The loan was approved on 04/05/2020 by The Veritex Community Bank reported 63 jobs and $709,998 was used to fund payroll.

Paragon furniture, inc. is Existing or more than 2 years old

PPP Loan Search / TX / ARLINGTON / Paragon furniture, inc.

PARAGON FURNITURE, INC.

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PARAGON FURNITURE, INC.

Borrower Address

2224 E RANDOL MILL ROAD

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76011-6331

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709900.00

Current Approval Amount

709998.02

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

63

NAICS Code

337127

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37500.00

Payroll Proceed

514963.54

Mortgage Interest Proceed

87500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70034.48

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

704099.40

Forgiveness Date

11/27/2020

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