# PPP loan: PARAGON LABORATORIES, INC.
> **$621K** approved 04/14/2020 · Paid in Full · Loan `5870547108`
## Borrower
- **Name:** PARAGON LABORATORIES, INC.
- **Address:** 12649 RICHFIELD COURT, LIVONIA, MI, 48150
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 48
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*