PPP Loan information for Paramount coffee company

$1,054,071

Paramount coffee company was initially approved for PPP Loan of amount $1,054,071, the current approved amount is $1,054,071. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 88 jobs and $1,054,071 was used to fund payroll.

Paramount coffee company is New Business or 2 years or less

PPP Loan Search / MI / LANSING / Paramount coffee company

PARAMOUNT COFFEE COMPANY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARAMOUNT COFFEE COMPANY

Borrower Address

5133 W GRAND RIVER AVE

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-9117

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1054071.00

Current Approval Amount

1054071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48906-9117

CD

MI-07

Jobs Reported

88

NAICS Code

311920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1054071.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1060395.43

Forgiveness Date

11/24/2020

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