PPP Loan information for Parallel33 lumber corporation

$212,000

Parallel33 lumber corporation was initially approved for PPP Loan of amount $212,000, the current approved amount is $212,000. The loan was approved on 04/06/2020 by The Peoples Independent Bank reported 24 jobs and $212,000 was used to fund payroll.

Parallel33 lumber corporation is Existing or more than 2 years old

PPP Loan Search / AL / BOAZ / Parallel33 lumber corporation

PARALLEL33 LUMBER CORPORATION

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PARALLEL33 LUMBER CORPORATION

Borrower Address

375 COOSA RD

Borrower City

BOAZ

Borrower State

AL

Borrower Zip

35957-5309

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212000.00

Current Approval Amount

212000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOAZ

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-5309

CD

AL-04

Jobs Reported

24

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

197000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214149.44

Forgiveness Date

04/08/2021

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