# PPP loan: PARMA TUBE CORPORATION
> **$589K** approved 04/04/2020 · Paid in Full · Loan `4631687004`
## Borrower
- **Name:** PARMA TUBE CORPORATION
- **Address:** 1008 PROGRESS ST, STURGIS, MI, 49091-9375
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Jobs reported:** 45
## Lender
- **Originating:** Century Bank and Trust
- **Servicing:** Century Bank and Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*