PPP Loan information for Palace vending inc.

$382,185

Palace vending inc. was initially approved for PPP Loan of amount $382,185, the current approved amount is $382,185. The loan was approved on 01/28/2021 by The Bank of Tennessee reported 41 jobs and $382,185 was used to fund payroll.

Palace vending inc. is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Palace vending inc.

PALACE VENDING INC.

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PALACE VENDING 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

382185.00

Current Approval Amount

382185.00

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

41

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

382183.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385040.77

Forgiveness Date

10/26/2021

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