PPP Loan information for Paragon hotel company,inc

$749,300

Paragon hotel company,inc was initially approved for PPP Loan of amount $749,300, the current approved amount is $749,300. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 56 jobs and $749,300 was used to fund payroll.

Paragon hotel company,inc is New Business or 2 years or less

PPP Loan Search / SC / Anderson / Paragon hotel company,inc

PARAGON HOTEL COMPANY,INC

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PARAGON HOTEL COMPANY,INC

Borrower Address

109 Destination Blvd.

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29621

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

749300.00

Current Approval Amount

749300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-1000

CD

SC-03

Jobs Reported

56

NAICS Code

561110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

749300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

758086.31

Forgiveness Date

07/07/2021

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