Paramount Baking Gets Assistance To Expand, Create Jobs

Paramount Baking Co., Inc., a Roseville based flat bread manufacturer, has received Michigan Strategic Fund approval for up to $1,063,167 in collateral support for a new $2,130, 596 commercial loan provided by First State Bank.

This will free up capital needed to expand the business to support increasing sales, including a larger contract with Kroger stores and also a new contract with Meijer.

To read the rest of the story, please go to: Macomb Daily