PPP Loan information for Palmer bus service of north central minnesota, inc.

$134,900

Palmer bus service of north central minnesota, inc. was initially approved for PPP Loan of amount $134,900, the current approved amount is $134,900. The loan was approved on 04/04/2020 by The Community Bank Mankato reported 26 jobs and $134,900 was used to fund payroll.

Palmer bus service of north central minnesota, inc. is Existing or more than 2 years old

PALMER BUS SERVICE OF NORTH CENTRAL MINNESOTA, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALMER BUS SERVICE OF NORTH CENTRAL MINNESOTA, INC.

Borrower Address

2200 CARLSON DRIVE PO BOX 2026

Borrower City

NORTH MANKATO

Borrower State

MN

Borrower Zip

56002-2026

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134900.00

Current Approval Amount

134900.00

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

BLUE EARTH

Project State

MN

Project Zip

56002-2026

CD

MN-01

Jobs Reported

26

NAICS Code

485410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

13490.00

Payroll Proceed

107920.00

Mortgage Interest Proceed

13490.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

136076.63

Forgiveness Date

02/17/2021

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