PPP Loan information for The palace inc

$14,832

The palace inc was initially approved for PPP Loan of amount $14,832, the current approved amount is $14,832. The loan was approved on 05/01/2021 by The Farmers Savings Bank & Trust reported 7 jobs and $14,832 was used to fund payroll.

The palace inc is Existing or more than 2 years old

THE PALACE INC

Date Approved

05/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

THE PALACE INC

Borrower Address

210 W 4th St

Borrower City

Vinton

Borrower State

IA

Borrower Zip

52349-1122

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14832.00

Current Approval Amount

14832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vinton

Project County Name

BENTON

Project State

IA

Project Zip

52349-1122

CD

IA-02

Jobs Reported

7

NAICS Code

512131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14830.00

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

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14924.29

Forgiveness Date

12/14/2021

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