PPP Loan information for Paragon inc.

$73,820

Paragon inc. was initially approved for PPP Loan of amount $73,820, the current approved amount is $73,820. The loan was approved on 03/20/2021 by The First Horizon Bank reported 5 jobs and $73,820 was used to fund payroll.

Paragon inc. is Existing or more than 2 years old

PARAGON INC.

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

73820.00

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

Spring Lake

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28390-2309

CD

NC-09

Jobs Reported

5

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73820.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

74400.31

Forgiveness Date

01/07/2022

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