Paragon Concrete Company

$610,770 PPP Loan in Utica, Michigan

Loan Details

Loan Number
9871887007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$610,770
Current Approval
$610,770
Forgiveness Amount
$617,820
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paragon Concrete Company
Address
48000 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
34
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$478,774
Rent
$11,667
Utilities
$8,130
Health Care
$39,174
Mortgage Interest
$73,025

Lender Information

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

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