Paragon Ready Mix Inc.

$777,867 PPP Loan in Utica, Michigan

Loan Details

Loan Number
9563897008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$777,867
Current Approval
$777,867
Forgiveness Amount
$787,332
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paragon Ready Mix Inc.
Address
4800 Hixson Avenue 0.0
City
Utica
ZIP Code
48317-2731
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (327320)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$40.7M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$569,850
Rent
$47,167
Utilities
$14,714
Health Care
$92,437
Mortgage Interest
$53,699

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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