PPP Loan information for Paramount youth services

$77,563

Paramount youth services was initially approved for PPP Loan of amount $77,563, the current approved amount is $77,563. The loan was approved on 03/05/2021 by The Truist Bank reported 16 jobs and $77,563 was used to fund payroll.

Paramount youth services is Existing or more than 2 years old

PARAMOUNT YOUTH SERVICES

Date Approved

03/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PARAMOUNT YOUTH SERVICES

Borrower Address

3115 Lorraine Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23509-1127

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77562.50

Current Approval Amount

77562.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23509-1127

CD

VA-03

Jobs Reported

16

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77560.50

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

Limited Liability Partnership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78219.63

Forgiveness Date

01/11/2022

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