# PPP loan: PARALLEL ENVIRONMENTAL SERVICES CORPORATION
> **$3.35M** approved 04/15/2020 · Exemption 4 · Loan `1078187203`
## Borrower
- **Name:** PARALLEL ENVIRONMENTAL SERVICES CORPORATION
- **Address:** 401 INDUSTRY RD STE 100, LOUISVILLE, KY, 40208-1674
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.35M
- **Initial approval:** $3.35M
- **Forgiven:** $1.98M (59%)
- **Forgiveness date:** 08/29/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $3.35M
- **Jobs reported:** 330
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*