PPP Loan information for Parallel electric

$27,140

Parallel electric was initially approved for PPP Loan of amount $27,140, the current approved amount is $27,140. The loan was approved on 03/02/2021 by The JPMorgan Chase Bank, National Association reported 3 jobs and $27,140 was used to fund payroll.

Parallel electric is Existing or more than 2 years old

PARALLEL ELECTRIC

Date Approved

03/02/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

PARALLEL ELECTRIC

Borrower Address

3780 Kilroy Airport Way Ste 200

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90806-2458

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27140.00

Current Approval Amount

27140.00

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

90806-2458

CD

CA-42

Jobs Reported

3

NAICS Code

238210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27140.00

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

27322.49

Forgiveness Date

11/08/2021

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