PPP Loan information for Palace motosports inc

$28,000

Palace motosports inc was initially approved for PPP Loan of amount $6,750, the current approved amount is $28,000. The loan was approved on 05/01/2020 by The The Huntington National Bank reported 8 jobs and $28,000 was used to fund payroll.

Palace motosports inc is Unanswered

PPP Loan Search / SD / Mitchell / Palace motosports inc

PALACE MOTOSPORTS INC

Date Approved

05/01/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PALACE MOTOSPORTS INC

Borrower Address

600 South Sanborn

Borrower City

Mitchell

Borrower State

SD

Borrower Zip

57301

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6750.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Mitchell

Project County Name

DAVISON

Project State

SD

Project Zip

57301-0001

CD

SD-

Jobs Reported

8

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28267.73

Forgiveness Date

05/04/2021

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