PPP Loan information for Palmer staffing services inc

$875,000

Palmer staffing services inc was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 01/19/2021 by The Legacy Bank reported 55 jobs and $875,000 was used to fund payroll.

Palmer staffing services inc is Existing or more than 2 years old

PALMER STAFFING SERVICES INC

Date Approved

01/19/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PALMER STAFFING SERVICES INC

Borrower Address

1211 Connecticut Ave NW Ste 302

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-2709

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-2709

CD

DC-

Jobs Reported

55

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

874997.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

880250.00

Forgiveness Date

08/31/2021

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