PPP Loan information for Palmer distributors, inc.

$592,900

Palmer distributors, inc. was initially approved for PPP Loan of amount $592,900, the current approved amount is $592,900. The loan was approved on 04/29/2020 by The Comerica Bank reported 43 jobs and $592,900 was used to fund payroll.

Palmer distributors, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Fraser / Palmer distributors, inc.

PALMER DISTRIBUTORS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PALMER DISTRIBUTORS, INC.

Borrower Address

33525 Groesbeck hwy

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026-4205

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592900.00

Current Approval Amount

592900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-4205

CD

MI-10

Jobs Reported

43

NAICS Code

337215

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474328.00

Mortgage Interest Proceed

118572.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597396.16

Forgiveness Date

02/02/2021

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