PPP Loan information for Palm ventures

$102,580

Palm ventures was initially approved for PPP Loan of amount $102,580, the current approved amount is $102,580. The loan was approved on 04/15/2020 by The Cross River Bank reported 20 jobs and $102,580 was used to fund payroll.

Palm ventures is Existing or more than 2 years old

PALM VENTURES

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PALM VENTURES

Borrower Address

2519 Waukegan Road

Borrower City

Bannockburn

Borrower State

IL

Borrower Zip

60015

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102580.00

Current Approval Amount

102580.00

Undisbursed Amount

0.00

Franchise Name

Elements Massage

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bannockburn

Project County Name

LAKE

Project State

IL

Project Zip

60015-0001

CD

IL-10

Jobs Reported

20

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102580.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103499.00

Forgiveness Date

03/17/2021

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