PPP Loan information for Palm thai restaurant

$29,725

Palm thai restaurant was initially approved for PPP Loan of amount $29,725, the current approved amount is $29,725. The loan was approved on 03/29/2021 by The Wells Fargo Bank, National Association reported 7 jobs and $29,725 was used to fund payroll.

Palm thai restaurant is Existing or more than 2 years old

PALM THAI RESTAURANT

Date Approved

03/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PALM THAI RESTAURANT

Borrower Address

75 Main St

Borrower City

Madison

Borrower State

NJ

Borrower Zip

07940-1806

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29725.00

Current Approval Amount

29725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MORRIS

Project State

NJ

Project Zip

07940-1806

CD

NJ-11

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29722.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29960.36

Forgiveness Date

01/18/2022

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