PPP Loan information for Palace trading llc

$27,162

Palace trading llc was initially approved for PPP Loan of amount $27,162, the current approved amount is $27,162. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $27,162 was used to fund payroll.

Palace trading llc is New Business or 2 years or less

PALACE TRADING LLC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PALACE TRADING LLC

Borrower Address

4595 CALIFORNIA AVE UNIT 407

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90807-6504

Loan Status Date

10/16/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

27162.00

Current Approval Amount

27162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-6504

CD

CA-44

Jobs Reported

3

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27162.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21066.21

Forgiveness Date

06/17/2021

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