PPP Loan information for Paramount tool & die inc

$249,534

Paramount tool & die inc was initially approved for PPP Loan of amount $249,534, the current approved amount is $249,534. The loan was approved on 03/05/2021 by The ChoiceOne Bank reported 12 jobs and $249,534 was used to fund payroll.

Paramount tool & die inc is Existing or more than 2 years old

PPP Loan Search / MI / Marne / Paramount tool & die inc

PARAMOUNT TOOL & DIE INC

Date Approved

03/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PARAMOUNT TOOL & DIE INC

Borrower Address

1245 Comstock St

Borrower City

Marne

Borrower State

MI

Borrower Zip

49435-8750

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249534.00

Current Approval Amount

249534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marne

Project County Name

OTTAWA

Project State

MI

Project Zip

49435-8750

CD

MI-03

Jobs Reported

12

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249529.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251803.73

Forgiveness Date

02/07/2022

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