PPP Loan information for Paramount testing corporation

$41,000

Paramount testing corporation was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 04/08/2020 by The Southern Bancorp Bank reported 4 jobs and $41,000 was used to fund payroll.

Paramount testing corporation is Existing or more than 2 years old

PARAMOUNT TESTING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PARAMOUNT TESTING CORPORATION

Borrower Address

930 N 26TH ST

Borrower City

ARKADELPHIA

Borrower State

AR

Borrower Zip

71923-3628

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARKADELPHIA

Project County Name

CLARK

Project State

AR

Project Zip

71923-3628

CD

AR-04

Jobs Reported

4

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4100.00

Payroll Proceed

30750.00

Mortgage Interest Proceed

0.00

Rent Proceed

6150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41305.53

Forgiveness Date

01/07/2021

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