PPP Loan information for Palmer auto service, llc

$96,405

Palmer auto service, llc was initially approved for PPP Loan of amount $96,405, the current approved amount is $96,405. The loan was approved on 04/07/2020 by The Chelsea State Bank reported 14 jobs and $96,405 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

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PALMER AUTO SERVICE, LLC

Borrower Address

222 S MAIN ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1268

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96405.00

Current Approval Amount

96405.00

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

48118-1268

CD

MI-06

Jobs Reported

14

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

77124.00

Mortgage Interest Proceed

0.00

Rent Proceed

18281.00

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

97252.84

Forgiveness Date

02/25/2021

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