PPP Loan information for Palace surplus inc

$59,100

Palace surplus inc was initially approved for PPP Loan of amount $59,100, the current approved amount is $59,100. The loan was approved on 04/15/2020 by The Customers Bank reported 10 jobs and $59,100 was used to fund payroll.

Palace surplus inc is Existing or more than 2 years old

PALACE SURPLUS INC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PALACE SURPLUS INC

Borrower Address

11312 South Prairie Avenue

Borrower City

Inglewood

Borrower State

CA

Borrower Zip

90303

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59100.00

Current Approval Amount

59100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Inglewood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90303-0900

CD

CA-43

Jobs Reported

10

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59100.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59561.47

Forgiveness Date

02/17/2021

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