PPP Loan information for Palmer manufacturing & supply inc

$548,100

Palmer manufacturing & supply inc was initially approved for PPP Loan of amount $548,100, the current approved amount is $548,100. The loan was approved on 04/15/2020 by The The Richwood Banking Company reported 48 jobs and $548,100 was used to fund payroll.

Palmer manufacturing & supply inc is Existing or more than 2 years old

PALMER MANUFACTURING & SUPPLY INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

PALMER MANUFACTURING & SUPPLY INC

Borrower Address

18 BECHTLE AVE

Borrower City

SPRINGFIELD

Borrower State

OH

Borrower Zip

45504-2841

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

548100.00

Current Approval Amount

548100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58129

Servicing Lender Name

The Richwood Banking Company

Servicing Lender Address

24 E Blagrove St

Servicing Lender City

RICHWOOD

Servicing Lender State

OH

Servicing Lender Zip

43344-1009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

CLARK

Project State

OH

Project Zip

45504-2841

CD

OH-10

Jobs Reported

48

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

548100.00

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

58129

Originating Lender

The Richwood Banking Company

Originating Lender City

RICHWOOD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

540945.30

Forgiveness Date

11/03/2020

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