PPP Loan information for Palmer car companies, inc.

$1,007,500

Palmer car companies, inc. was initially approved for PPP Loan of amount $1,007,500, the current approved amount is $1,007,500. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 87 jobs and $1,007,500 was used to fund payroll.

Palmer car companies, inc. is Existing or more than 2 years old

PALMER CAR COMPANIES, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PALMER CAR COMPANIES, INC.

Borrower Address

7680 AIRPORT BOULEVARD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36608-5004

Loan Status Date

12/16/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1007500.00

Current Approval Amount

1007500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36608-5004

CD

AL-01

Jobs Reported

87

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1007500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

961933.98

Forgiveness Date

09/15/2022

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