PPP Loan information for Palace performing arts center

$328,100

Palace performing arts center was initially approved for PPP Loan of amount $328,100, the current approved amount is $328,100. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 88 jobs and $328,100 was used to fund payroll.

Palace performing arts center is Existing or more than 2 years old

PALACE PERFORMING ARTS CENTER

Date Approved

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

PALACE PERFORMING ARTS CENTER

Borrower Address

19 CLINTON AVE

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12207

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328100.00

Current Approval Amount

328100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12207-1000

CD

NY-20

Jobs Reported

88

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328100.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330571.99

Forgiveness Date

01/28/2021

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