PPP Loan information for Paradise pools and spas

$48,800

Paradise pools and spas was initially approved for PPP Loan of amount $48,800, the current approved amount is $48,800. The loan was approved on 05/27/2020 by The Mechanics & Farmers Bank reported 10 jobs and $48,800 was used to fund payroll.

Paradise pools and spas is Unanswered

PPP Loan Search / NC / GARNER / Paradise pools and spas

PARADISE POOLS AND SPAS

Date Approved

05/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARADISE POOLS AND SPAS

Borrower Address

5560 NE HWY 42 WEST

Borrower City

GARNER

Borrower State

NC

Borrower Zip

27529

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48800.00

Current Approval Amount

48800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

GARNER

Project County Name

WAKE

Project State

NC

Project Zip

27529-0001

CD

NC-13

Jobs Reported

10

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48800.00

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

Subchapter S Corporation

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

49373.57

Forgiveness Date

08/02/2021

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