PPP Loan information for Palace aids, inc.

$15,033

Palace aids, inc. was initially approved for PPP Loan of amount $15,033, the current approved amount is $15,033. The loan was approved on 06/23/2020 by The Liberty Bank reported 5 jobs and $15,033 was used to fund payroll.

Palace aids, inc. is Existing or more than 2 years old

PPP Loan Search / CT / Torrington / Palace aids, inc.

PALACE AIDS, INC.

Date Approved

06/23/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PALACE AIDS, INC.

Borrower Address

922 East Main Street

Borrower City

Torrington

Borrower State

CT

Borrower Zip

06790-3908

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15032.50

Current Approval Amount

15032.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Torrington

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06790-3908

CD

CT-05

Jobs Reported

5

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15032.50

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6088.83

Forgiveness Date

11/04/2021

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