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Parallel33 Lumber Corporation

$212,000 PPP Loan in Boaz, Alabama

Loan Details

Loan Number
6147567000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$212,000
Current Approval
$212,000
Forgiveness Amount
$214,149
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parallel33 Lumber Corporation
Address
375 Coosa Rd
City
Boaz
State
Alabama
ZIP Code
35957-5309
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$23.8M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$197,000
Utilities
$5,000
Health Care
$10,000

Lender Information

Servicing Lender
Peoples Independent Bank
Originating Lender
Peoples Independent Bank

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