PPP Loan information for Pallet rack surplus inc

$115,749

Pallet rack surplus inc was initially approved for PPP Loan of amount $115,749, the current approved amount is $115,749. The loan was approved on 04/07/2021 by The Farmers and Merchants Bank reported 10 jobs and $115,749 was used to fund payroll.

Pallet rack surplus inc is Existing or more than 2 years old

PPP Loan Search / GA / Conyers / Pallet rack surplus inc

PALLET RACK SURPLUS INC

Date Approved

04/07/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PALLET RACK SURPLUS INC

Borrower Address

1981 Old Covington Rd NE

Borrower City

Conyers

Borrower State

GA

Borrower Zip

30013-1521

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115749.00

Current Approval Amount

115749.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conyers

Project County Name

ROCKDALE

Project State

GA

Project Zip

30013-1521

CD

GA-04

Jobs Reported

10

NAICS Code

493110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115749.00

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

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

116536.74

Forgiveness Date

12/23/2021

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