# PPP loan: PARAGON APPLICATION SYSTEMS INC
> **$873K** approved 04/08/2020 · Paid in Full · Loan `8645057002`
## Borrower
- **Name:** PARAGON APPLICATION SYSTEMS INC
- **Address:** 326 RALEIGH ST, HOLLY SPRINGS, NC, 27540-9047
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $873K
- **Initial approval:** $873K
- **Forgiven:** $884K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $873K
- **Jobs reported:** 42
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*