PPP Loan information for Palumbo services, inc.

$52,792

Palumbo services, inc. was initially approved for PPP Loan of amount $52,792, the current approved amount is $52,792. The loan was approved on 04/30/2020 by The Frandsen Bank & Trust reported 4 jobs and $52,792 was used to fund payroll.

Palumbo services, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Palumbo services, inc.

PALUMBO SERVICES, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALUMBO SERVICES, INC.

Borrower Address

9331 W BROADWAY AVE

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52792.00

Current Approval Amount

52792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

4

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5279.00

Payroll Proceed

39595.00

Mortgage Interest Proceed

5279.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2639.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

53139.13

Forgiveness Date

01/07/2021

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