PPP Loan information for Palm ventures llc

$103,200

Palm ventures llc was initially approved for PPP Loan of amount $103,200, the current approved amount is $103,200. The loan was approved on 02/02/2021 by The American Community Bank & Trust reported 18 jobs and $103,200 was used to fund payroll.

Palm ventures llc is Existing or more than 2 years old

PPP Loan Search / IL / Bannockburn / Palm ventures llc

PALM VENTURES LLC

Date Approved

02/02/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PALM VENTURES LLC

Borrower Address

2519 Waukegan Rd

Borrower City

Bannockburn

Borrower State

IL

Borrower Zip

60015-1569

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103200.00

Current Approval Amount

103200.00

Undisbursed Amount

0.00

Franchise Name

Elements Massage

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

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

60015-1569

CD

IL-10

Jobs Reported

18

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103196.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104495.73

Forgiveness Date

05/09/2022

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