PPP Loan information for Palmer auto service llc

$88,158

Palmer auto service llc was initially approved for PPP Loan of amount $88,158, the current approved amount is $88,158. The loan was approved on 03/23/2021 by The Chelsea State Bank reported 10 jobs and $88,158 was used to fund payroll.

Palmer auto service llc is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Palmer auto service llc

PALMER AUTO SERVICE LLC

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PALMER AUTO SERVICE LLC

Borrower Address

222 S Main St

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1657

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88157.68

Current Approval Amount

88157.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1657

CD

MI-06

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88154.68

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89034.43

Forgiveness Date

03/24/2022

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