PPP Loan information for Palmer electric, inc.

$100,700

Palmer electric, inc. was initially approved for PPP Loan of amount $100,700, the current approved amount is $100,700. The loan was approved on 04/10/2020 by The Cache Valley Bank reported 11 jobs and $100,700 was used to fund payroll.

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

PALMER ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PALMER ELECTRIC, INC.

Borrower Address

3044 S SLATE RIDGE DR

Borrower City

SAINT GEORGE

Borrower State

UT

Borrower Zip

84790-6658

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100700.00

Current Approval Amount

100700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT GEORGE

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-6658

CD

UT-02

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100700.00

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

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101743.36

Forgiveness Date

04/29/2021

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