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Panel Processing Inc.

$1,356,200 PPP Loan in Alpena, Michigan

Loan Details

Loan Number
1554058404
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$1,356,200
Current Approval
$1,356,200
Forgiveness Amount
$1,373,642
Forgiveness Date
May 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Panel Processing Inc.
Address
1030 Devere Dr
City
Alpena
State
Michigan
ZIP Code
49707-8163
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$44.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$1,356,198
Utilities
$1

Lender Information

Servicing Lender
Nicolet National Bank
Originating Lender
Nicolet National Bank

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Panel Processing Inc.$1,356,200NewBizBotResearch

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