Panel Processing Inc.

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

Loan Details

Loan Number
2067947107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,356,200
Current Approval
$1,356,200
Forgiveness Amount
$1,370,892
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Panel Processing Inc.
Address
1030 Devere Dr
City
Alpena
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
$1,356,200

Lender Information

Servicing Lender
Nicolet National Bank
Originating Lender
Nicolet National Bank

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