PPP Loan information for Paladin industries inc.

$468,480

Paladin industries inc. was initially approved for PPP Loan of amount $468,480, the current approved amount is $468,480. The loan was approved on 01/25/2021 by The Mercantile Bank reported 38 jobs and $468,480 was used to fund payroll.

Paladin industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Kentwood / Paladin industries inc.

PALADIN INDUSTRIES INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PALADIN INDUSTRIES INC.

Borrower Address

4990 W Greenbrooke Dr SE

Borrower City

Kentwood

Borrower State

MI

Borrower Zip

49512-5400

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

468480.00

Current Approval Amount

468480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kentwood

Project County Name

KENT

Project State

MI

Project Zip

49512-5400

CD

MI-03

Jobs Reported

38

NAICS Code

337211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

468479.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470957.17

Forgiveness Date

08/11/2021

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