PPP Loan information for Palmer oil company, inc

$326,400

Palmer oil company, inc was initially approved for PPP Loan of amount $326,400, the current approved amount is $326,400. The loan was approved on 04/11/2020 by The Old National Bank reported 48 jobs and $326,400 was used to fund payroll.

Palmer oil company, inc is Existing or more than 2 years old

PPP Loan Search / KY / HENDERSON / Palmer oil company, inc

PALMER OIL COMPANY, INC

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PALMER OIL COMPANY, INC

Borrower Address

1638 Clay St

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42420-3303

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326400.00

Current Approval Amount

326400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42420-3303

CD

KY-01

Jobs Reported

48

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

326400.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

328134.84

Forgiveness Date

11/03/2020

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