# PPP loan: PARAGON INC
> **$713K** approved 04/09/2020 · Paid in Full · Loan `9955527001`
## Borrower
- **Name:** PARAGON INC
- **Address:** 1840 Hillside Road, STEVENSON, MD, 21153-0663
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $721K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $692K
- **Rent:** $11K
- **Utilities:** $983
- **Health care:** $9K
- **Jobs reported:** 97
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*