PPP Loan information for Parallel companies inc.

$21,100

Parallel companies inc. was initially approved for PPP Loan of amount $21,100, the current approved amount is $21,100. The loan was approved on 03/12/2021 by The Royal CU reported 3 jobs and $21,100 was used to fund payroll.

Parallel companies inc. is Existing or more than 2 years old

PPP Loan Search / MN / Apple Valley / Parallel companies inc.

PARALLEL COMPANIES INC.

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PARALLEL COMPANIES INC.

Borrower Address

7570 147th St W Ste 308

Borrower City

Apple Valley

Borrower State

MN

Borrower Zip

55124-7574

Loan Status Date

08/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21100.00

Current Approval Amount

21100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108364

Servicing Lender Name

Royal CU

Servicing Lender Address

200 Riverfront Terrace

Servicing Lender City

EAU CLAIRE

Servicing Lender State

WI

Servicing Lender Zip

54703-6312

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

55124-7574

CD

MN-02

Jobs Reported

3

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

21096.00

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

108364

Originating Lender

Royal CU

Originating Lender City

EAU CLAIRE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21387.78

Forgiveness Date

07/21/2022

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