PPP Loan information for Hugh palmer motor company

$171,290

Hugh palmer motor company was initially approved for PPP Loan of amount $171,290, the current approved amount is $171,290. The loan was approved on 04/07/2020 by The First State Community Bank reported 17 jobs and $171,290 was used to fund payroll.

Hugh palmer motor company is Existing or more than 2 years old

PPP Loan Search / MO / LEBANON / Hugh palmer motor company

HUGH PALMER MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

HUGH PALMER MOTOR COMPANY

Borrower Address

1755 W ELM ST

Borrower City

LEBANON

Borrower State

MO

Borrower Zip

65536-3938

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171290.00

Current Approval Amount

171290.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

40461

Servicing Lender Name

First State Community Bank

Servicing Lender Address

201 E Columbia

Servicing Lender City

FARMINGTON

Servicing Lender State

MO

Servicing Lender Zip

63640-3106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

LACLEDE

Project State

MO

Project Zip

65536-3938

CD

MO-04

Jobs Reported

17

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4688.00

Payroll Proceed

155879.00

Mortgage Interest Proceed

2950.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7098.00

Debt Interest Proceed

675

Business Type

Corporation

Originating Lender Location Id

40461

Originating Lender

First State Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

172741.21

Forgiveness Date

02/10/2021

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