Date Approved
02/26/2021
SBA Office Code
0459
Processing Method
PPP
Borrower Name
MICHAEL PALMER
Borrower Address
1590 County Road 372
Borrower City
Flat Rock
Borrower State
AL
Borrower Zip
35966-8852
Loan Status Date
08/12/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
91061
Servicing Lender Name
Redstone FCU
Servicing Lender Address
220 Wynn Dr
Servicing Lender City
HUNTSVILLE
Servicing Lender State
Servicing Lender Zip
35893-0001
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DE KALB
Project State
Project Zip
CD
AL-04
Jobs Reported
1
NAICS Code
112390
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
34995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35127.53
Forgiveness Date
07/20/2021