PPP Loan information for Investment corporation of palm beach

$3,529,652

Investment corporation of palm beach was initially approved for PPP Loan of amount $3,529,652, the current approved amount is $3,529,652. The loan was approved on 05/18/2020 by The Valley National Bank reported 498 jobs and $3,529,652 was used to fund payroll.

Investment corporation of palm beach is Existing or more than 2 years old

INVESTMENT CORPORATION OF PALM BEACH

Date Approved

05/18/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

INVESTMENT CORPORATION OF PALM BEACH

Borrower Address

1111 NORTH CONGRESS AVENUE

Borrower City

West Palm Beach

Borrower State

FL

Borrower Zip

33409

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3529652.00

Current Approval Amount

3529652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Palm Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33409-1801

CD

FL-21

Jobs Reported

498

NAICS Code

713290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3529652.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3566909.44

Forgiveness Date

06/11/2021

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