PPP Loan information for Park place incorporated

$1,127,000

Park place incorporated was initially approved for PPP Loan of amount $1,127,000, the current approved amount is $1,127,000. The loan was approved on 01/21/2021 by The Capital Bank, National Association reported 80 jobs and $1,127,000 was used to fund payroll.

Park place incorporated is Existing or more than 2 years old

PARK PLACE INCORPORATED

Date Approved

01/21/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PARK PLACE INCORPORATED

Borrower Address

920 14th St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20005-3367

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1127000.00

Current Approval Amount

1127000.00

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

1.00

Payroll Proceed

1126995.00

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

1141901.44

Forgiveness Date

05/17/2022

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