Paramount Machine Company Inc.

$1,609,132 PPP Loan in Manchester, Connecticut

Loan Details

Loan Number
3334728401
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$1,609,132
Current Approval
$1,609,132
Forgiveness Amount
$1,627,075
Forgiveness Date
Mar 24, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Paramount Machine Company Inc.
Address
138 Sanrico Dr
ZIP Code
06042-9008
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$21.5M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$1,609,130
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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