PPP Loan information for Park place inc

$805,000

Park place inc was initially approved for PPP Loan of amount $805,000, the current approved amount is $805,000. The loan was approved on 04/14/2020 by The Capital Bank, National Association reported 80 jobs and $805,000 was used to fund payroll.

Park place inc is Existing or more than 2 years old

PARK PLACE INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PARK PLACE INC

Borrower Address

920 14TH ST

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20005-3367

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

805000.00

Current Approval Amount

805000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20005-3367

CD

DC-

Jobs Reported

80

NAICS Code

722410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

805000.00

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152308.61

Forgiveness Date

08/12/2021

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