PPP Loan information for Palmer hardware inc

$37,300

Palmer hardware inc was initially approved for PPP Loan of amount $37,300, the current approved amount is $37,300. The loan was approved on 04/07/2020 by The Farmers & Merchants Savings Bank reported 3 jobs and $37,300 was used to fund payroll.

Palmer hardware inc is Existing or more than 2 years old

PALMER HARDWARE INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PALMER HARDWARE INC

Borrower Address

115 N FRANKLIN ST

Borrower City

MANCHESTER

Borrower State

IA

Borrower Zip

52057-1540

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37300.00

Current Approval Amount

37300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

DELAWARE

Project State

IA

Project Zip

52057-1540

CD

IA-02

Jobs Reported

3

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37300.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37485.46

Forgiveness Date

10/13/2020

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