# PPP loan: PARAGON MFG SOLUTIONS, LLC
> **$796K** approved 04/08/2020 · Paid in Full · Loan `7916887002`
## Borrower
- **Name:** PARAGON MFG SOLUTIONS, LLC
- **Address:** 1310 COMER AVE, PELL CITY, AL, 35125-1579
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $796K
- **Initial approval:** $796K
- **Forgiven:** $807K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $597K
- **Rent:** $40K
- **Mortgage interest:** $40K
- **Utilities:** $40K
- **Health care:** $40K
- **Debt interest:** $40K
- **Jobs reported:** 141
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*