PPP Loan information for Palma mechanical insulations, inc

$335,527

Palma mechanical insulations, inc was initially approved for PPP Loan of amount $335,527, the current approved amount is $335,527. The loan was approved on 04/07/2020 by The ChoiceOne Bank reported 24 jobs and $335,527 was used to fund payroll.

Palma mechanical insulations, inc is Existing or more than 2 years old

PALMA MECHANICAL INSULATIONS, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PALMA MECHANICAL INSULATIONS, INC

Borrower Address

1052 COMSTOCK ST

Borrower City

MARNE

Borrower State

MI

Borrower Zip

49435-9603

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335527.00

Current Approval Amount

335527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARNE

Project County Name

OTTAWA

Project State

MI

Project Zip

49435-9603

CD

MI-03

Jobs Reported

24

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335527.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337540.16

Forgiveness Date

11/19/2020

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