PPP Loan information for Palmer gas co inc

$2,275,000

Palmer gas co inc was initially approved for PPP Loan of amount $2,275,000, the current approved amount is $2,275,000. The loan was approved on 04/04/2020 by The Pentucket Bank reported 174 jobs and $2,275,000 was used to fund payroll.

Palmer gas co inc is Existing or more than 2 years old

PALMER GAS CO INC

Date Approved

04/04/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

PALMER GAS CO INC

Borrower Address

13 HALL FARM RD

Borrower City

ATKINSON

Borrower State

NH

Borrower Zip

03811-2193

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2275000.00

Current Approval Amount

2275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32855

Servicing Lender Name

Pentucket Bank

Servicing Lender Address

1 Merrimack St

Servicing Lender City

HAVERHILL

Servicing Lender State

MA

Servicing Lender Zip

01830-6231

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATKINSON

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03811-2193

CD

NH-02

Jobs Reported

174

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

175000.00

Payroll Proceed

2100000.00

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

Subchapter S Corporation

Originating Lender Location Id

32855

Originating Lender

Pentucket Bank

Originating Lender City

HAVERHILL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2301036.11

Forgiveness Date

06/02/2021

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