Date Approved
03/20/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
PARAGON INC.
Borrower Address
421 W Manchester Rd
Borrower City
Spring Lake
Borrower State
NC
Borrower Zip
28390-2309
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
73820.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUMBERLAND
Project State
Project Zip
CD
NC-09
Jobs Reported
5
NAICS Code
561499
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
74400.31
Forgiveness Date
01/07/2022