Paragon Tool Company

$45,300 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
2052267308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$45,300
Current Approval
$45,300
Forgiveness Amount
$45,714
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paragon Tool Company
Address
36130 Ecorse Road
ZIP Code
48174
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$45,300

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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