PPP Loan information for Palma customs & auto sales

$74,455

Palma customs & auto sales was initially approved for PPP Loan of amount $74,455, the current approved amount is $74,455. The loan was approved on 04/11/2020 by The First State Bank Southwest reported 5 jobs and $74,455 was used to fund payroll.

Palma customs & auto sales is Existing or more than 2 years old

PPP Loan Search / MN / WORTHINGTON / Palma customs & auto sales

PALMA CUSTOMS & AUTO SALES

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALMA CUSTOMS & AUTO SALES

Borrower Address

1426 OXFORD ST

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-1764

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74455.04

Current Approval Amount

74455.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1764

CD

MN-01

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

3867.62

Payroll Proceed

59564.04

Mortgage Interest Proceed

6496.46

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4526.92

Business Type

Subchapter S Corporation

Originating Lender Location Id

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74994.84

Forgiveness Date

01/07/2021

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