PPP Loan information for Paramount tool llc

$124,021

Paramount tool llc was initially approved for PPP Loan of amount $124,021, the current approved amount is $124,021. The loan was approved on 02/19/2021 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 16 jobs and $124,021 was used to fund payroll.

Paramount tool llc is Existing or more than 2 years old

PARAMOUNT TOOL LLC

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PARAMOUNT TOOL LLC

Borrower Address

473 Pleasant St

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02721-3026

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124021.30

Current Approval Amount

124021.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-3026

CD

MA-04

Jobs Reported

16

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124017.30

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

Limited Liability Company(LLC)

Originating Lender Location Id

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

124612.52

Forgiveness Date

08/17/2021

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