PPP Loan information for Paramount foundation inc.

$93,000

Paramount foundation inc. was initially approved for PPP Loan of amount $93,000, the current approved amount is $93,000. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 30 jobs and $93,000 was used to fund payroll.

Paramount foundation inc. is Existing or more than 2 years old

PPP Loan Search / TN / BRISTOL / Paramount foundation inc.

PARAMOUNT FOUNDATION INC.

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PARAMOUNT FOUNDATION INC.

Borrower Address

518 STATE ST

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620-5910

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

93000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-5910

CD

TN-01

Jobs Reported

30

NAICS Code

711110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93000.00

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

Non-Profit Organization

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

93614.83

Forgiveness Date

12/23/2020

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