PPP Loan information for Palena inc.

$448,616

Palena inc. was initially approved for PPP Loan of amount $448,616, the current approved amount is $448,616. The loan was approved on 02/18/2021 by The Manufacturers and Traders Trust Company reported 171 jobs and $448,616 was used to fund payroll.

Palena inc. is Existing or more than 2 years old

PPP Loan Search / MD / Timonium / Palena inc.

PALENA INC.

Date Approved

02/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PALENA INC.

Borrower Address

9515 Deereco Rd

Borrower City

Timonium

Borrower State

MD

Borrower Zip

21093-2116

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

448616.00

Current Approval Amount

448616.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Timonium

Project County Name

BALTIMORE

Project State

MD

Project Zip

21093-2116

CD

MD-02

Jobs Reported

171

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

448610.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

451356.86

Forgiveness Date

10/06/2021

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