PPP Loan information for Palumbo restaurants inc

$135,089

Palumbo restaurants inc was initially approved for PPP Loan of amount $135,089, the current approved amount is $135,089. The loan was approved on 01/28/2021 by The First Commerce Bank reported 42 jobs and $135,089 was used to fund payroll.

Palumbo restaurants inc is Existing or more than 2 years old

PPP Loan Search / NJ / Hightstown / Palumbo restaurants inc

PALUMBO RESTAURANTS INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PALUMBO RESTAURANTS INC

Borrower Address

101 Main St

Borrower City

Hightstown

Borrower State

NJ

Borrower Zip

08520-3306

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135089.00

Current Approval Amount

135089.00

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

Existing or more than 2 years old

Project City

Hightstown

Project County Name

MERCER

Project State

NJ

Project Zip

08520-3306

CD

NJ-03

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

135084.00

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

136657.53

Forgiveness Date

03/31/2022

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