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Parma Tube Corporation

$446,900 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
1133028310
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$446,900
Current Approval
$446,900
Forgiveness Amount
$450,402
Forgiveness Date
Nov 3, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Parma Tube Corporation
Address
1008 Progress St
City
Sturgis
State
Michigan
ZIP Code
49091-9375
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.2M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$446,898
Utilities
$1

Lender Information

Servicing Lender
Century Bank and Trust
Originating Lender
Century Bank and Trust

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