PPP Loan information for Paragon construction company llc

$786,162

Paragon construction company llc was initially approved for PPP Loan of amount $786,162, the current approved amount is $786,162. The loan was approved on 02/03/2021 by The Mercantile Bank reported 37 jobs and $786,162 was used to fund payroll.

Paragon construction company llc is Existing or more than 2 years old

PARAGON CONSTRUCTION COMPANY LLC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PARAGON CONSTRUCTION COMPANY LLC

Borrower Address

6365 Knapp St NE

Borrower City

Ada

Borrower State

MI

Borrower Zip

49301-9571

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

786162.00

Current Approval Amount

786162.00

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

Ada

Project County Name

KENT

Project State

MI

Project Zip

49301-9571

CD

MI-03

Jobs Reported

37

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

786157.00

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

Limited Liability Company(LLC)

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

791762.06

Forgiveness Date

10/25/2021

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