Paragon Furniture, Inc.

$709,900 PPP Loan in Arlington, Texas

Loan Details

Loan Number
5088127002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$709,900
Current Approval
$709,998
Forgiveness Amount
$714,181
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paragon Furniture, Inc.
Address
2224 E Randol Mill Road
State
Texas
ZIP Code
76011-6331
Business Type
Corporation
Industry (NAICS)
Manufacturing (337127)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
TX-06

Loan Use Breakdown

Payroll
$514,964
Utilities
$37,500
Health Care
$70,034
Mortgage Interest
$87,500

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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