PPP Loan information for Palace bar llc

$469,000

Palace bar llc was initially approved for PPP Loan of amount $469,000, the current approved amount is $469,000. The loan was approved on 04/28/2020 by The Commercial Bank reported 50 jobs and $469,000 was used to fund payroll.

Palace bar llc is Existing or more than 2 years old

PPP Loan Search / FL / MIAMI BEACH / Palace bar llc

PALACE BAR LLC

Date Approved

04/28/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PALACE BAR LLC

Borrower Address

1052 OCEAN DR

Borrower City

MIAMI BEACH

Borrower State

FL

Borrower Zip

33139-5014

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469000.00

Current Approval Amount

469000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI BEACH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-5014

CD

FL-24

Jobs Reported

50

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

351750.00

Mortgage Interest Proceed

0.00

Rent Proceed

117250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

472726.30

Forgiveness Date

02/22/2021

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