PPP Loan information for Palace catering service inc.

$97,324

Palace catering service inc. was initially approved for PPP Loan of amount $97,324, the current approved amount is $97,324. The loan was approved on 01/28/2021 by The Bank of Tennessee reported 8 jobs and $97,324 was used to fund payroll.

Palace catering service inc. is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Palace catering service inc.

PALACE CATERING SERVICE INC.

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PALACE CATERING SERVICE INC.

Borrower Address

1820 N Eastman Rd

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37664-2312

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97324.00

Current Approval Amount

97324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37664-2312

CD

TN-01

Jobs Reported

8

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97322.00

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

Subchapter S Corporation

Originating Lender Location Id

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98043.12

Forgiveness Date

10/25/2021

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