PPP Loan information for Parma bp, inc

$39,612

Parma bp, inc was initially approved for PPP Loan of amount $39,612, the current approved amount is $39,612. The loan was approved on 04/28/2020 by The Independent Bank reported 9 jobs and $39,612 was used to fund payroll.

Parma bp, inc is New Business or 2 years or less

PARMA BP, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARMA BP, INC

Borrower Address

12301 W MICHIGAN AVE

Borrower City

PARMA

Borrower State

MI

Borrower Zip

49269-9575

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39612.00

Current Approval Amount

39612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARMA

Project County Name

JACKSON

Project State

MI

Project Zip

49269-9575

CD

MI-05

Jobs Reported

9

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39612.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39914.79

Forgiveness Date

02/04/2021

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