PPP Loan information for Palomar insurance corporation

$1,222,700

Palomar insurance corporation was initially approved for PPP Loan of amount $1,222,700, the current approved amount is $1,222,700. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 82 jobs and $1,222,700 was used to fund payroll.

Palomar insurance corporation is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Palomar insurance corporation

PALOMAR INSURANCE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PALOMAR INSURANCE CORPORATION

Borrower Address

4525 EXECUTIVE PARK DR

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36116-1601

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1222700.00

Current Approval Amount

1222700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36116-1601

CD

AL-02

Jobs Reported

82

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61135.00

Payroll Proceed

917025.00

Mortgage Interest Proceed

0.00

Rent Proceed

244540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1234247.72

Forgiveness Date

03/18/2021

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