PPP Loan information for The payroll department inc

$229,176

The payroll department inc was initially approved for PPP Loan of amount $229,176, the current approved amount is $229,176. The loan was approved on 04/15/2020 by The First Southwest Bank reported 17 jobs and $229,176 was used to fund payroll.

The payroll department inc is New Business or 2 years or less

PPP Loan Search / CO / DURANGO / The payroll department inc

THE PAYROLL DEPARTMENT INC

Date Approved

04/15/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE PAYROLL DEPARTMENT INC

Borrower Address

2530 COLORADO AVE UNIT 2B

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81301-4761

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229176.27

Current Approval Amount

229176.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81301-4761

CD

CO-03

Jobs Reported

17

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229176.27

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

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220455.30

Forgiveness Date

11/20/2020

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