PPP Loan information for Paramount baking company

$104,700

Paramount baking company was initially approved for PPP Loan of amount $104,700, the current approved amount is $104,700. The loan was approved on 04/27/2020 by The First State Bank reported 31 jobs and $104,700 was used to fund payroll.

Paramount baking company is Existing or more than 2 years old

PARAMOUNT BAKING COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARAMOUNT BAKING COMPANY

Borrower Address

29790 Little Mack Ave.

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-2256

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104700.00

Current Approval Amount

104700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-2256

CD

MI-10

Jobs Reported

31

NAICS Code

311812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104700.00

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

Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106085.48

Forgiveness Date

08/26/2021

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