PPP Loan information for Palmreed inc.

$22,970

Palmreed inc. was initially approved for PPP Loan of amount $22,970, the current approved amount is $22,970. The loan was approved on 04/27/2020 by The First National Bank of Eastern Arkansas reported 2 jobs and $22,970 was used to fund payroll.

Palmreed inc. is Existing or more than 2 years old

PALMREED INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PALMREED INC.

Borrower Address

114 Lee Road 316

Borrower City

MARIANNA

Borrower State

AR

Borrower Zip

72360-8102

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22970.00

Current Approval Amount

22970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4299

Servicing Lender Name

First National Bank of Eastern Arkansas

Servicing Lender Address

101 N Washington St

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-3353

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARIANNA

Project County Name

LEE

Project State

AR

Project Zip

72360-8102

CD

AR-01

Jobs Reported

2

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22970.00

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

4299

Originating Lender

First National Bank of Eastern Arkansas

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23146.21

Forgiveness Date

02/02/2021

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