PPP Loan information for Paradigm design pc

$1,046,565

Paradigm design pc was initially approved for PPP Loan of amount $1,046,565, the current approved amount is $1,046,565. The loan was approved on 04/08/2020 by The Mercantile Bank reported 44 jobs and $1,046,565 was used to fund payroll.

Paradigm design pc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Paradigm design pc

PARADIGM DESIGN PC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARADIGM DESIGN PC

Borrower Address

550 3 MILE RD Suite B

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-8207

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1046565.00

Current Approval Amount

1046565.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49544-8207

CD

MI-03

Jobs Reported

44

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34443.00

Payroll Proceed

689128.00

Mortgage Interest Proceed

0.00

Rent Proceed

107668.91

Refinance EIDL Proceed

0.00

Health Care Proceed

180027.00

Debt Interest Proceed

35298.09

Business Type

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

1053389.18

Forgiveness Date

12/09/2020

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