PPP Loan information for Paratus inc

$124,720

Paratus inc was initially approved for PPP Loan of amount $124,720, the current approved amount is $124,720. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $124,720 was used to fund payroll.

Paratus inc is New Business or 2 years or less

PARATUS INC

Date Approved

05/01/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

PARATUS INC

Borrower Address

2497 KM RANCH RD

Borrower City

WHITEFISH

Borrower State

MT

Borrower Zip

59937

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124720.00

Current Approval Amount

124720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHITEFISH

Project County Name

FLATHEAD

Project State

MT

Project Zip

59937-0001

CD

MT-01

Jobs Reported

8

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124720.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125622.08

Forgiveness Date

01/26/2021

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