PPP Loan information for Pal painting & construction services

$147,200

Pal painting & construction services was initially approved for PPP Loan of amount $147,200, the current approved amount is $147,200. The loan was approved on 02/03/2021 by The Salem Five Cents Savings Bank reported 9 jobs and $147,200 was used to fund payroll.

Pal painting & construction services is Existing or more than 2 years old

PAL PAINTING & CONSTRUCTION SERVICES

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PAL PAINTING & CONSTRUCTION SERVICES

Borrower Address

15 Cherry St Unit 21

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-2881

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147200.00

Current Approval Amount

147200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-2881

CD

MA-06

Jobs Reported

9

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147197.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147874.67

Forgiveness Date

07/20/2021

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