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Parma Tube Corporation

$588,700 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
4631687004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$588,700
Current Approval
$588,700
Forgiveness Amount
$592,242
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First 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
45
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$588,700

Lender Information

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

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