PPP Loan information for Paramount wire co., inc.

$124,307

Paramount wire co., inc. was initially approved for PPP Loan of amount $124,307, the current approved amount is $124,307. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $124,307 was used to fund payroll.

Paramount wire co., inc. is Existing or more than 2 years old

PARAMOUNT WIRE CO., INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PARAMOUNT WIRE CO., INC.

Borrower Address

2-8 CENTRAL AVE

Borrower City

EAST ORANGE

Borrower State

NJ

Borrower Zip

07018

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124307.00

Current Approval Amount

124307.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST ORANGE

Project County Name

ESSEX

Project State

NJ

Project Zip

07018-0001

CD

NJ-10

Jobs Reported

14

NAICS Code

331420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124307.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125839.91

Forgiveness Date

07/29/2021

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