PPP Loan information for Palmers restaurant, inc.

$174,500

Palmers restaurant, inc. was initially approved for PPP Loan of amount $174,500, the current approved amount is $174,500. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 25 jobs and $174,500 was used to fund payroll.

Palmers restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Andover / Palmers restaurant, inc.

PALMERS RESTAURANT, INC.

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PALMERS RESTAURANT, INC.

Borrower Address

18 Elm St

Borrower City

Andover

Borrower State

MA

Borrower Zip

01810

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

174500.00

Current Approval Amount

174500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01810-0001

CD

MA-06

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174500.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

142842.65

Forgiveness Date

11/17/2021

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