PPP Loan information for Paramount labor services inc

$40,500

Paramount labor services inc was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/30/2020 by The Citizens Bank, National Association reported 2 jobs and $40,500 was used to fund payroll.

Paramount labor services inc is Existing or more than 2 years old

PPP Loan Search / MI / Dearborn / Paramount labor services inc

PARAMOUNT LABOR SERVICES INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARAMOUNT LABOR SERVICES INC

Borrower Address

13201 W Warren Ave 1

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48126

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48126-0001

CD

MI-12

Jobs Reported

2

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12859.21

Forgiveness Date

03/21/2022

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