PPP Loan information for Paradise power company, inc

$246,600

Paradise power company, inc was initially approved for PPP Loan of amount $246,600, the current approved amount is $246,600. The loan was approved on 04/06/2020 by The Centinel Bank of Taos reported 27 jobs and $246,600 was used to fund payroll.

Paradise power company, inc is Existing or more than 2 years old

PPP Loan Search / NM / TAOS / Paradise power company, inc

PARADISE POWER COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PARADISE POWER COMPANY, INC

Borrower Address

245 PASEO DEL CANON East

Borrower City

TAOS

Borrower State

NM

Borrower Zip

87571-6239

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246600.00

Current Approval Amount

246600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45973

Servicing Lender Name

Centinel Bank of Taos

Servicing Lender Address

512 Paseo del Pueblo Sur

Servicing Lender City

TAOS

Servicing Lender State

NM

Servicing Lender Zip

87571-5220

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAOS

Project County Name

TAOS

Project State

NM

Project Zip

87571-6239

CD

NM-03

Jobs Reported

27

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

246600.00

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

45973

Originating Lender

Centinel Bank of Taos

Originating Lender City

TAOS

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248997.50

Forgiveness Date

03/31/2021

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