PPP Loan information for Palms south beach inc. the

$1,999,000

Palms south beach inc. the was initially approved for PPP Loan of amount $1,999,000, the current approved amount is $1,999,000. The loan was approved on 03/23/2021 by The Bank of America, National Association reported 257 jobs and $1,999,000 was used to fund payroll.

Palms south beach inc. the is Existing or more than 2 years old

PPP Loan Search / FL / Miami / Palms south beach inc. the

PALMS SOUTH BEACH INC. THE

Date Approved

03/23/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

PALMS SOUTH BEACH INC. THE

Borrower Address

3025 Collins Ave

Borrower City

Miami

Borrower State

FL

Borrower Zip

33140-4106

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1999000.00

Current Approval Amount

1999000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33140-4106

CD

FL-24

Jobs Reported

257

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1998998.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013239.45

Forgiveness Date

12/16/2021

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