Paladin Industries Inc.

$468,480 PPP Loan in Kentwood, Michigan

Loan Details

Loan Number
5228298300
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$468,480
Current Approval
$468,480
Forgiveness Amount
$470,957
Forgiveness Date
Aug 11, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Paladin Industries Inc.
Address
4990 W Greenbrooke Dr SE
ZIP Code
49512-5400
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337211)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$468,479
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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