PPP Loan information for Palermo inc

$38,272

Palermo inc was initially approved for PPP Loan of amount $38,272, the current approved amount is $38,272. The loan was approved on 04/28/2020 by The Touchstone Bank reported 5 jobs and $38,272 was used to fund payroll.

Palermo inc is Existing or more than 2 years old

PALERMO INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PALERMO INC

Borrower Address

11292 BLUE STAR HWY

Borrower City

STONY CREEK

Borrower State

VA

Borrower Zip

23882

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38272.00

Current Approval Amount

38272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73534

Servicing Lender Name

Touchstone Bank

Servicing Lender Address

4300 Crossings Blvd

Servicing Lender City

PRINCE GEORGE

Servicing Lender State

VA

Servicing Lender Zip

23875-1452

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STONY CREEK

Project County Name

SUSSEX

Project State

VA

Project Zip

23882-0001

CD

VA-04

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38272.00

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

73534

Originating Lender

Touchstone Bank

Originating Lender City

PRINCE GEORGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38540.97

Forgiveness Date

01/11/2021

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