Date Approved
05/24/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
PALMERAS FOOD, INC.
Borrower Address
12218 Veirs Mill Road
Borrower City
Silver Spring
Borrower State
MD
Borrower Zip
20906
Loan Status Date
01/11/2022
Loan Status
Charged Off
Term
2
SBA Guaranty Percentage
100
Initial Approval Amount
55600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
524612
Servicing Lender Name
Fountainhead SBF LLC
Servicing Lender Address
3216 W. Lake Mary Blvd
Servicing Lender City
LAKE MARY
Servicing Lender State
FL
Servicing Lender Zip
32746
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
20906-1000
CD
MD-08
Jobs Reported
12
NAICS Code
722511
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
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date