PPP Loan information for Paradise acquisition llc

$128,475

Paradise acquisition llc was initially approved for PPP Loan of amount $128,475, the current approved amount is $128,475. The loan was approved on 02/17/2021 by The Norway Savings Bank reported 17 jobs and $128,475 was used to fund payroll.

Paradise acquisition llc is Existing or more than 2 years old

PARADISE ACQUISITION LLC

Date Approved

02/17/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

PARADISE ACQUISITION LLC

Borrower Address

50 Adelaide Rd

Borrower City

Old Orchard Beach

Borrower State

ME

Borrower Zip

04064-2227

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128475.20

Current Approval Amount

128475.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Old Orchard Beach

Project County Name

YORK

Project State

ME

Project Zip

04064-2227

CD

ME-01

Jobs Reported

17

NAICS Code

721211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

128471.20

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

Limited Liability Company(LLC)

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129105.26

Forgiveness Date

08/18/2021

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