PPP Loan information for Palmen motors, inc.

$1,611,681

Palmen motors, inc. was initially approved for PPP Loan of amount $1,611,681, the current approved amount is $1,611,681. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 101 jobs and $1,611,681 was used to fund payroll.

Palmen motors, inc. is Existing or more than 2 years old

PPP Loan Search / WI / Kenosha / Palmen motors, inc.

PALMEN MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PALMEN MOTORS, INC.

Borrower Address

5431 75th Street 0.0

Borrower City

Kenosha

Borrower State

WI

Borrower Zip

53142-3601

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1611681.00

Current Approval Amount

1611681.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenosha

Project County Name

KENOSHA

Project State

WI

Project Zip

53142-3601

CD

WI-01

Jobs Reported

101

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14335.00

Payroll Proceed

1289345.00

Mortgage Interest Proceed

60000.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

128001.00

Debt Interest Proceed

60000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1628703.93

Forgiveness Date

05/04/2021

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