PPP Loan information for Palmer college foundation

$6,256,000

Palmer college foundation was initially approved for PPP Loan of amount $7,358,700, the current approved amount is $6,256,000. The loan was approved on 05/09/2020 by The Quad City Bank and Trust Company reported 421 jobs and $6,256,000 was used to fund payroll.

Palmer college foundation is Existing or more than 2 years old

PPP Loan Search / IA / DAVENPORT / Palmer college foundation

PALMER COLLEGE FOUNDATION

Date Approved

05/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PALMER COLLEGE FOUNDATION

Borrower Address

1000 Brady Street

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52803

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7358700.00

Current Approval Amount

6256000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52803-1000

CD

IA-01

Jobs Reported

421

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6256000.00

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

Non-Profit Organization

Originating Lender Location Id

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

6349666.22

Forgiveness Date

11/09/2021

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