PPP Loan information for Parallel edge inc.

$212,270

Parallel edge inc. was initially approved for PPP Loan of amount $212,270, the current approved amount is $212,270. The loan was approved on 01/31/2021 by The Byline Bank reported 11 jobs and $212,270 was used to fund payroll.

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

PARALLEL EDGE INC.

Date Approved

01/31/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PARALLEL EDGE INC.

Borrower Address

126 E Beechtree Ln

Borrower City

Wayne

Borrower State

PA

Borrower Zip

19087-3402

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212270.00

Current Approval Amount

212270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-3402

CD

PA-05

Jobs Reported

11

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

212266.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214964.65

Forgiveness Date

05/10/2022

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