PPP Loan information for Palmer-young distributing inc

$140,000

Palmer-young distributing inc was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 02/04/2021 by The Kentland Bank reported 16 jobs and $140,000 was used to fund payroll.

Palmer-young distributing inc is Existing or more than 2 years old

PPP Loan Search / IN / Wolcott / Palmer-young distributing inc

PALMER-YOUNG DISTRIBUTING INC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PALMER-YOUNG DISTRIBUTING INC

Borrower Address

1092 S US Highway 231

Borrower City

Wolcott

Borrower State

IN

Borrower Zip

47995-8045

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23802

Servicing Lender Name

Kentland Bank

Servicing Lender Address

111 N 4th St

Servicing Lender City

KENTLAND

Servicing Lender State

IN

Servicing Lender Zip

47951-1215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wolcott

Project County Name

WHITE

Project State

IN

Project Zip

47995-8045

CD

IN-04

Jobs Reported

16

NAICS Code

115114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

23802

Originating Lender

Kentland Bank

Originating Lender City

KENTLAND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140742.78

Forgiveness Date

08/30/2021

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