PPP Loan information for Parma tube corporation

$446,900

Parma tube corporation was initially approved for PPP Loan of amount $446,900, the current approved amount is $446,900. The loan was approved on 01/16/2021 by The Century Bank and Trust reported 50 jobs and $446,900 was used to fund payroll.

Parma tube corporation is Existing or more than 2 years old

PPP Loan Search / MI / Sturgis / Parma tube corporation

PARMA TUBE CORPORATION

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PARMA TUBE CORPORATION

Borrower Address

1008 Progress St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-9375

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446900.00

Current Approval Amount

446900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33709

Servicing Lender Name

Century Bank and Trust

Servicing Lender Address

100 W Chicago St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1899

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-9375

CD

MI-06

Jobs Reported

50

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

446898.00

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

33709

Originating Lender

Century Bank and Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450401.74

Forgiveness Date

11/03/2021

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