PPP Loan information for Palmer steel supplies, inc

$1,237,495

Palmer steel supplies, inc was initially approved for PPP Loan of amount $1,237,495, the current approved amount is $1,237,495. The loan was approved on 04/09/2020 by The Texas Regional Bank reported 131 jobs and $1,237,495 was used to fund payroll.

Palmer steel supplies, inc is Existing or more than 2 years old

PPP Loan Search / TX / MCALLEN / Palmer steel supplies, inc

PALMER STEEL SUPPLIES, INC

Date Approved

04/09/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

PALMER STEEL SUPPLIES, INC

Borrower Address

4300 ACAPULCO AVE

Borrower City

MCALLEN

Borrower State

TX

Borrower Zip

78503-8823

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1237495.00

Current Approval Amount

1237495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111233

Servicing Lender Name

Texas Regional Bank

Servicing Lender Address

6770 W Expy 83

Servicing Lender City

HARLINGEN

Servicing Lender State

TX

Servicing Lender Zip

78552

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCALLEN

Project County Name

HIDALGO

Project State

TX

Project Zip

78503-8823

CD

TX-15

Jobs Reported

131

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1237495.00

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

111233

Originating Lender

Texas Regional Bank

Originating Lender City

HARLINGEN

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1244207.99

Forgiveness Date

11/03/2020

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