Paragon Mfg Solutions, LLC

$796,200 PPP Loan in Pell City, Alabama

Loan Details

Loan Number
7916887002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$796,200
Current Approval
$796,200
Forgiveness Amount
$806,705
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paragon Mfg Solutions, LLC
Address
1310 Comer Ave
State
Alabama
ZIP Code
35125-1579
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339999)
Business Age
New Business or 2 years or less
Jobs Reported
141
Estimated Revenue
$39.4M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$597,150
Rent
$39,810
Utilities
$39,810
Health Care
$39,810
Mortgage Interest
$39,810
Debt Interest
$39,810

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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