PPP Loan information for Palmer bus financial management, inc.

$148,800

Palmer bus financial management, inc. was initially approved for PPP Loan of amount $148,800, the current approved amount is $148,800. The loan was approved on 04/06/2020 by The Community Bank Mankato reported 9 jobs and $148,800 was used to fund payroll.

Palmer bus financial management, inc. is Existing or more than 2 years old

PALMER BUS FINANCIAL MANAGEMENT, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALMER BUS FINANCIAL MANAGEMENT, INC.

Borrower Address

2200 CARLSON DR

Borrower City

NORTH MANKATO

Borrower State

MN

Borrower Zip

56003-2213

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148800.00

Current Approval Amount

148800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH MANKATO

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-2213

CD

MN-01

Jobs Reported

9

NAICS Code

551112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

14880.00

Payroll Proceed

119040.00

Mortgage Interest Proceed

14880.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

150097.87

Forgiveness Date

02/17/2021

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