PPP Loan information for Palazzo grande inc, the

$454,900

Palazzo grande inc, the was initially approved for PPP Loan of amount $276,550, the current approved amount is $454,900. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 98 jobs and $454,900 was used to fund payroll.

Palazzo grande inc, the is New Business or 2 years or less

PPP Loan Search / MI / SHELBY TOWNSHIP / Palazzo grande inc, the

PALAZZO GRANDE INC, THE

Date Approved

05/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PALAZZO GRANDE INC, THE

Borrower Address

54660 VAN DYKE AVE

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48316-1830

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276550.00

Current Approval Amount

454900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48316-1830

CD

MI-10

Jobs Reported

98

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454900.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248210.34

Forgiveness Date

11/09/2021

;