PPP Loan information for Paramount home care agency inc

$1,950,000

Paramount home care agency inc was initially approved for PPP Loan of amount $7,367,094, the current approved amount is $1,950,000. The loan was approved on 05/18/2020 by The Dime Community Bank reported 500 jobs and $1,950,000 was used to fund payroll.

Paramount home care agency inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Paramount home care agency inc

PARAMOUNT HOME CARE AGENCY INC

Date Approved

05/18/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PARAMOUNT HOME CARE AGENCY INC

Borrower Address

161 Kings Hwy Suite 2

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7367093.95

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11223-0001

CD

NY-11

Jobs Reported

500

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1989379.17

Forgiveness Date

05/25/2022

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