Parallel Technologies, Inc.

$2,444,600 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
4816917008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,444,600
Current Approval
$2,444,600
Forgiveness Amount
$2,471,457
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parallel Technologies, Inc.
Address
7667 Equitable Drive
ZIP Code
55344-3676
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$40.9M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$2,444,600

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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