PPP Loan information for Palmer and company

$2,037,900

Palmer and company was initially approved for PPP Loan of amount $2,037,900, the current approved amount is $2,037,900. The loan was approved on 04/10/2020 by The The Security National Bank of Sioux City, Iowa reported 211 jobs and $2,037,900 was used to fund payroll.

Palmer and company is Existing or more than 2 years old

PALMER AND COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PALMER AND COMPANY

Borrower Address

P.O. 326

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51102-0326

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2037900.00

Current Approval Amount

2037900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25474

Servicing Lender Name

The Security National Bank of Sioux City, Iowa

Servicing Lender Address

601 Pierce St

Servicing Lender City

SIOUX CITY

Servicing Lender State

IA

Servicing Lender Zip

51101-1205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51102-0326

CD

IA-04

Jobs Reported

211

NAICS Code

311352

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

1900000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

107900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25474

Originating Lender

The Security National Bank of Sioux City, Iowa

Originating Lender City

SIOUX CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2061349.81

Forgiveness Date

06/11/2021

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