PPP Loan information for Parke corporation

$505,540

Parke corporation was initially approved for PPP Loan of amount $505,540, the current approved amount is $505,540. The loan was approved on 02/18/2021 by The The Bank of Elk River reported 23 jobs and $505,540 was used to fund payroll.

Parke corporation is Existing or more than 2 years old

PARKE CORPORATION

Date Approved

02/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PARKE CORPORATION

Borrower Address

8350 201st Ave NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-8032

Loan Status Date

08/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505540.00

Current Approval Amount

505540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

ANOKA

Project State

MN

Project Zip

55330-8032

CD

MN-06

Jobs Reported

23

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

505538.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

507617.56

Forgiveness Date

07/30/2021

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