PPP Loan information for Palace theater group inc

$350,111

Palace theater group inc was initially approved for PPP Loan of amount $350,111, the current approved amount is $350,111. The loan was approved on 04/15/2020 by The Webster Bank National Association reported 156 jobs and $350,111 was used to fund payroll.

Palace theater group inc is Existing or more than 2 years old

PALACE THEATER GROUP INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PALACE THEATER GROUP INC

Borrower Address

100 E MAIN ST

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06702-2312

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350111.00

Current Approval Amount

350111.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06702-2312

CD

CT-05

Jobs Reported

156

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350111.00

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

Non-Profit Organization

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

352979.03

Forgiveness Date

02/11/2021

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