Paradigm Design PC

$1,046,565 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7808157009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,046,565
Current Approval
$1,046,565
Forgiveness Amount
$1,053,389
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Paradigm Design PC
Address
550 3 Mile Rd Suite B
ZIP Code
49544-8207
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541310)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$689,128
Rent
$107,669
Utilities
$34,443
Health Care
$180,027
Debt Interest
$35,298

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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