PPP Loan information for 7 palms inc.

$363,200

7 palms inc. was initially approved for PPP Loan of amount $363,200, the current approved amount is $363,200. The loan was approved on 04/14/2020 by The Bremer Bank, National Association reported 58 jobs and $363,200 was used to fund payroll.

7 palms inc. is Existing or more than 2 years old

7 PALMS INC.

Date Approved

04/14/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

7 PALMS INC.

Borrower Address

1267 Victoria Hills Dr. N.

Borrower City

DELAND

Borrower State

FL

Borrower Zip

32724

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363200.00

Current Approval Amount

363200.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELAND

Project County Name

VOLUSIA

Project State

FL

Project Zip

32724-0001

CD

FL-06

Jobs Reported

58

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363200.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365598.12

Forgiveness Date

12/15/2020

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