PPP Loan information for Palace coffee company inc

$150,000

Palace coffee company inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/22/2021 by The Amarillo National Bank reported 29 jobs and $150,000 was used to fund payroll.

Palace coffee company inc is Existing or more than 2 years old

PALACE COFFEE COMPANY INC

Date Approved

01/22/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

PALACE COFFEE COMPANY INC

Borrower Address

817 S Polk St Ste 102

Borrower City

Amarillo

Borrower State

TX

Borrower Zip

79101-3433

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68966

Servicing Lender Name

Amarillo National Bank

Servicing Lender Address

410 S Taylor St

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79101-1555

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Amarillo

Project County Name

POTTER

Project State

TX

Project Zip

79101-3433

CD

TX-13

Jobs Reported

29

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149998.00

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

Corporation

Originating Lender Location Id

68966

Originating Lender

Amarillo National Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150583.33

Forgiveness Date

06/15/2021

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