PPP Loan information for Palumbo restaurants inc.

$129,100

Palumbo restaurants inc. was initially approved for PPP Loan of amount $129,100, the current approved amount is $129,100. The loan was approved on 04/27/2020 by The First Commerce Bank reported 41 jobs and $129,100 was used to fund payroll.

Palumbo restaurants inc. is Unanswered

PALUMBO RESTAURANTS INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PALUMBO RESTAURANTS INC.

Borrower Address

101 Main Street

Borrower City

HIGHTSTOWN

Borrower State

NJ

Borrower Zip

08520

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129100.00

Current Approval Amount

129100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HIGHTSTOWN

Project County Name

MERCER

Project State

NJ

Project Zip

08520-0001

CD

NJ-03

Jobs Reported

41

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129100.00

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130355.14

Forgiveness Date

04/20/2021

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