PPP Loan information for Paramount industrial companies inc

$819,500

Paramount industrial companies inc was initially approved for PPP Loan of amount $819,500, the current approved amount is $819,500. The loan was approved on 02/06/2021 by The Citizens and Farmers Bank reported 93 jobs and $819,500 was used to fund payroll.

Paramount industrial companies inc is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Paramount industrial companies inc

PARAMOUNT INDUSTRIAL COMPANIES INC

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PARAMOUNT INDUSTRIAL COMPANIES INC

Borrower Address

1112 Kingwood Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23502-5603

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

819500.00

Current Approval Amount

819500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-5603

CD

VA-03

Jobs Reported

93

NAICS Code

337910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

819495.00

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

Subchapter S Corporation

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

825315.08

Forgiveness Date

10/27/2021

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