PPP Loan information for Parachut inc

$166,010

Parachut inc was initially approved for PPP Loan of amount $166,010, the current approved amount is $166,010. The loan was approved on 03/03/2021 by The Cache Valley Bank reported 8 jobs and $166,010 was used to fund payroll.

Parachut inc is Existing or more than 2 years old

PPP Loan Search / UT / American Fork / Parachut inc

PARACHUT INC

Date Approved

03/03/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

PARACHUT INC

Borrower Address

147 W 600 N

Borrower City

American Fork

Borrower State

UT

Borrower Zip

84003

Loan Status Date

09/17/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

166010.00

Current Approval Amount

166010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

American Fork

Project County Name

UTAH

Project State

UT

Project Zip

84003

CD

UT-03

Jobs Reported

8

NAICS Code

532210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166010.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;