PPP Loan information for Palla inc

$886,000

Palla inc was initially approved for PPP Loan of amount $886,000, the current approved amount is $886,000. The loan was approved on 04/05/2020 by The Amarillo National Bank reported 110 jobs and $886,000 was used to fund payroll.

Palla inc is Existing or more than 2 years old

PALLA INC

Date Approved

04/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PALLA INC

Borrower Address

902 COLONIAL PKWY

Borrower City

CLOVIS

Borrower State

NM

Borrower Zip

88101-3006

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

886000.00

Current Approval Amount

886000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68966

Servicing Lender Name

Amarillo National Bank

Servicing Lender Address

410 S Taylor St

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79101-1555

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLOVIS

Project County Name

CURRY

Project State

NM

Project Zip

88101-3006

CD

NM-03

Jobs Reported

110

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

886000.00

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

68966

Originating Lender

Amarillo National Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

892029.72

Forgiveness Date

12/08/2020

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