PPP Loan information for Pal investment group inc

$537,000

Pal investment group inc was initially approved for PPP Loan of amount $537,000, the current approved amount is $537,000. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 175 jobs and $537,000 was used to fund payroll.

Pal investment group inc is Existing or more than 2 years old

PAL INVESTMENT GROUP INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PAL INVESTMENT GROUP INC

Borrower Address

24901 NORTHWESTERN HWY

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-2210

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537000.00

Current Approval Amount

537000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-2210

CD

MI-12

Jobs Reported

175

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

537000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

540923.08

Forgiveness Date

01/12/2021

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