PPP Loan information for Parroco production group inc

$187,600

Parroco production group inc was initially approved for PPP Loan of amount $187,600, the current approved amount is $187,600. The loan was approved on 04/15/2020 by The TowneBank reported 13 jobs and $187,600 was used to fund payroll.

Parroco production group inc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Parroco production group inc

PARROCO PRODUCTION GROUP INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PARROCO PRODUCTION GROUP INC

Borrower Address

2612 Taylor Road

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187600.00

Current Approval Amount

187600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-0181

CD

VA-03

Jobs Reported

13

NAICS Code

541519

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188934.04

Forgiveness Date

01/11/2021

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