Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PALMER BUS SERVICE OF NEW LONDON-SPICER, 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
115500.00
Current Approval Amount
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
Servicing Lender Zip
56090
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NICOLLET
Project State
Project Zip
CD
MN-01
Jobs Reported
20
NAICS Code
485410
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
11550.00
Payroll Proceed
92400.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
116507.42
Forgiveness Date
02/17/2021