PPP Loan information for Palleton pallets, llc

$155,000

Palleton pallets, llc was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 04/05/2020 by The Arcadian Bank reported 15 jobs and $155,000 was used to fund payroll.

Palleton pallets, llc is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Palleton pallets, llc

PALLETON PALLETS, LLC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALLETON PALLETS, LLC

Borrower Address

1303 19TH STREET

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-4834

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-4834

CD

MN-01

Jobs Reported

15

NAICS Code

321920

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

1000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155921.51

Forgiveness Date

11/17/2020

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