PPP Loan information for Paroc inc

$153,900

Paroc inc was initially approved for PPP Loan of amount $153,900, the current approved amount is $153,900. The loan was approved on 04/28/2020 by The Merchants Bank, National Association reported 32 jobs and $153,900 was used to fund payroll.

Paroc inc is Existing or more than 2 years old

PAROC INC

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PAROC INC

Borrower Address

3410 MALL DR

Borrower City

EAU CLAIRE

Borrower State

WI

Borrower Zip

54701-7633

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153900.00

Current Approval Amount

153900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAU CLAIRE

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54701-7633

CD

WI-03

Jobs Reported

32

NAICS Code

611511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10950.00

Payroll Proceed

129950.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155344.95

Forgiveness Date

04/08/2021

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