Date Approved
04/14/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
PALETTE AND PARLOR INC
Borrower Address
906 ARROWHEAD RD
Borrower City
CHAPEL HILL
Borrower State
NC
Borrower Zip
27514-3902
Loan Status Date
05/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
66812.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ORANGE
Project State
Project Zip
CD
NC-04
Jobs Reported
2
NAICS Code
442110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1500.00
Payroll Proceed
53450.00
Mortgage Interest Proceed
3500.00
Rent Proceed
4600.00
Refinance EIDL Proceed
Health Care Proceed
712.00
Debt Interest Proceed
3050
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
67461.56
Forgiveness Date
04/14/2021