PPP Loan information for Palmer engineering company

$1,706,000

Palmer engineering company was initially approved for PPP Loan of amount $1,706,000, the current approved amount is $1,706,000. The loan was approved on 04/06/2020 by The Traditional Bank, Inc. reported 96 jobs and $1,706,000 was used to fund payroll.

Palmer engineering company is Existing or more than 2 years old

PPP Loan Search / KY / WINCHESTER / Palmer engineering company

PALMER ENGINEERING COMPANY

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PALMER ENGINEERING COMPANY

Borrower Address

PO BOX 747

Borrower City

WINCHESTER

Borrower State

KY

Borrower Zip

40392-0747

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1706000.00

Current Approval Amount

1706000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

CLARK

Project State

KY

Project Zip

40392-0747

CD

KY-06

Jobs Reported

96

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1706000.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1719227.34

Forgiveness Date

01/25/2021

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