PPP Loan information for Palni inc

$483,500

Palni inc was initially approved for PPP Loan of amount $483,500, the current approved amount is $483,500. The loan was approved on 04/09/2020 by The Frost Bank reported 25 jobs and $483,500 was used to fund payroll.

Palni inc is Existing or more than 2 years old

PALNI INC

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PALNI INC

Borrower Address

8951 Collin Mckinney Pkwy #1101

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75070-1005

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483500.00

Current Approval Amount

483500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75070-1005

CD

TX-03

Jobs Reported

25

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

483500.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486202.30

Forgiveness Date

11/12/2020

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