PPP Loan information for Palmlund automotive

$14,900

Palmlund automotive was initially approved for PPP Loan of amount $14,900, the current approved amount is $14,900. The loan was approved on 04/27/2020 by The American Bank & Trust reported 2 jobs and $14,900 was used to fund payroll.

Palmlund automotive is Existing or more than 2 years old

PPP Loan Search / SD / DE SMET / Palmlund automotive

PALMLUND AUTOMOTIVE

Date Approved

04/27/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PALMLUND AUTOMOTIVE

Borrower Address

105 2ND ST

Borrower City

DE SMET

Borrower State

SD

Borrower Zip

57231-2340

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14900.00

Current Approval Amount

14900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DE SMET

Project County Name

KINGSBURY

Project State

SD

Project Zip

57231-2340

CD

SD-

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14900.00

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

Sole Proprietorship

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15001.40

Forgiveness Date

12/31/2020

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