PPP Loan information for Palermo's wholesale inc.

$191,475

Palermo's wholesale inc. was initially approved for PPP Loan of amount $191,475, the current approved amount is $191,475. The loan was approved on 01/27/2021 by The First Business Bank reported 41 jobs and $191,475 was used to fund payroll.

Palermo's wholesale inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Little Ferry / Palermo's wholesale inc.

PALERMO'S WHOLESALE INC.

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PALERMO'S WHOLESALE INC.

Borrower Address

399 Liberty St

Borrower City

Little Ferry

Borrower State

NJ

Borrower Zip

07643-1008

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191475.00

Current Approval Amount

191475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Ferry

Project County Name

BERGEN

Project State

NJ

Project Zip

07643-1008

CD

NJ-09

Jobs Reported

41

NAICS Code

311812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

191473.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192461.23

Forgiveness Date

08/11/2021

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