PPP Loan information for Paragon paving

$131,256

Paragon paving was initially approved for PPP Loan of amount $131,255, the current approved amount is $131,256. The loan was approved on 02/20/2021 by The Frandsen Bank & Trust reported 13 jobs and $131,256 was used to fund payroll.

Paragon paving is Existing or more than 2 years old

PARAGON PAVING

Date Approved

02/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PARAGON PAVING

Borrower Address

1370 Pilot Knob Rd

Borrower City

Apple Valley

Borrower State

MN

Borrower Zip

55124

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131255.00

Current Approval Amount

131256.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Apple Valley

Project County Name

DAKOTA

Project State

MN

Project Zip

55124

CD

MN-02

Jobs Reported

13

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131256.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131993.19

Forgiveness Date

09/24/2021

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