Paramount Machine Company, Inc.

$1,939,757 PPP Loan in Manchester, Connecticut

Loan Details

Loan Number
5763347700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,939,757
Current Approval
$1,609,133
Forgiveness Amount
$1,621,565
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paramount Machine Company, Inc.
Address
138 Sanrico Dr
ZIP Code
06042
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
New Business or 2 years or less
Jobs Reported
93
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$1,609,133

Lender Information

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

Other PPP Loans in Manchester, CT

BusinessApproved
Fuss & O'neill INC$5,918,195NewBizBotAI Deep Dive
Allied Printing Services, Inc.$5,440,000NewBizBotAI Deep Dive
Silktown Roofing INC$4,405,800NewBizBotAI Deep Dive
Cyma Systems Inc.$2,953,313NewBizBotAI Deep Dive
Hartford Distributors, Incorporated$2,912,180NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free