PPP Loan information for Palace llc

$52,500

Palace llc was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 01/21/2021 by The Bangor Savings Bank reported 6 jobs and $52,500 was used to fund payroll.

Palace llc is Existing or more than 2 years old

PPP Loan Search / ME / Biddeford / Palace llc

PALACE LLC

Date Approved

01/21/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

PALACE LLC

Borrower Address

18 Franklin St

Borrower City

Biddeford

Borrower State

ME

Borrower Zip

04005-2502

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Biddeford

Project County Name

YORK

Project State

ME

Project Zip

04005-2502

CD

ME-01

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52494.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52704.17

Forgiveness Date

06/15/2021

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