PPP Loan information for Palmer drives controls and systems inc

$322,770

Palmer drives controls and systems inc was initially approved for PPP Loan of amount $322,770, the current approved amount is $322,770. The loan was approved on 01/29/2021 by The Celtic Bank Corporation reported 21 jobs and $322,770 was used to fund payroll.

Palmer drives controls and systems inc is Existing or more than 2 years old

PPP Loan Search / CO / Englewood / Palmer drives controls and systems inc

PALMER DRIVES CONTROLS AND SYSTEMS INC

Date Approved

01/29/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

PALMER DRIVES CONTROLS AND SYSTEMS INC

Borrower Address

2810 S Raritan St

Borrower City

Englewood

Borrower State

CO

Borrower Zip

80110-1104

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322770.00

Current Approval Amount

322770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Englewood

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80110-1104

CD

CO-06

Jobs Reported

21

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

322765.00

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

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

324627.03

Forgiveness Date

09/07/2021

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