PPP Loan information for R. m. palmer company

$5,000,000

R. m. palmer company was initially approved for PPP Loan of amount $5,000,000, the current approved amount is $5,000,000. The loan was approved on 04/09/2020 by The Customers Bank reported 500 jobs and $5,000,000 was used to fund payroll.

R. m. palmer company is Existing or more than 2 years old

PPP Loan Search / PA / READING / R. m. palmer company

R. M. PALMER COMPANY

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

R. M. PALMER COMPANY

Borrower Address

77 S Second Ave

Borrower City

READING

Borrower State

PA

Borrower Zip

19611-1223

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5000000.00

Current Approval Amount

5000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19611-1223

CD

PA-06

Jobs Reported

500

NAICS Code

311351

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5000000.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5057534.25

Forgiveness Date

06/11/2021

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