# PPP loan: PARAMOUNT INDUSTRIAL COMPANIES INC
> **$820K** approved 04/08/2020 · Paid in Full · Loan `7810887004`
## Borrower
- **Name:** PARAMOUNT INDUSTRIAL COMPANIES INC
- **Address:** 1112 Kingwood Ave, NORFOLK, VA, 23502-5603
- **NAICS:** 337910
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $820K
- **Initial approval:** $820K
- **Forgiven:** $828K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $820K
- **Jobs reported:** 98
## Lender
- **Originating:** Citizens and Farmers Bank
- **Servicing:** Citizens and Farmers Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*