PPP Loan information for The palace city cafe inc

$47,008

The palace city cafe inc was initially approved for PPP Loan of amount $47,008, the current approved amount is $47,008. The loan was approved on 02/04/2021 by The German American Bank reported 12 jobs and $47,008 was used to fund payroll.

The palace city cafe inc is Existing or more than 2 years old

PPP Loan Search / IN / Princeton / The palace city cafe inc

THE PALACE CITY CAFE INC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

THE PALACE CITY CAFE INC

Borrower Address

124 W State St

Borrower City

Princeton

Borrower State

IN

Borrower Zip

47670-1508

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47008.22

Current Approval Amount

47008.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

GIBSON

Project State

IN

Project Zip

47670-1508

CD

IN-08

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47003.22

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

47254.21

Forgiveness Date

08/20/2021

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