Date Approved
04/29/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
PALMER TOOL, LLC
Borrower Address
3385 HIGHWAY 70
Borrower City
CAMDEN
Borrower State
TN
Borrower Zip
38320
Loan Status Date
02/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
703042.50
Current Approval Amount
703042.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
203685
Servicing Lender Name
Pinnacle Bank
Servicing Lender Address
150 Third Ave S, Ste 900
Servicing Lender City
NASHVILLE
Servicing Lender State
Servicing Lender Zip
37201-2034
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BENTON
Project State
Project Zip
38320-0001
CD
TN-07
Jobs Reported
62
NAICS Code
332811
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
707915.14
Forgiveness Date
01/13/2021