PPP Loan information for Parallel electric

$24,042

Parallel electric was initially approved for PPP Loan of amount $24,042, the current approved amount is $24,042. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 80 jobs and $24,042 was used to fund payroll.

Parallel electric is Existing or more than 2 years old

PPP Loan Search / CA / LONG BEACH / Parallel electric

PARALLEL ELECTRIC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PARALLEL ELECTRIC

Borrower Address

3780 KILROY AIRPORT WAY STE 200

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90806

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24042.00

Current Approval Amount

24042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90806-0001

CD

CA-44

Jobs Reported

80

NAICS Code

238210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24042.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24392.80

Forgiveness Date

10/20/2021

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