PPP Loan information for Palace wine & spirits inc

$14,825

Palace wine & spirits inc was initially approved for PPP Loan of amount $14,825, the current approved amount is $14,825. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 6 jobs and $14,825 was used to fund payroll.

Palace wine & spirits inc is Existing or more than 2 years old

PALACE WINE & SPIRITS INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PALACE WINE & SPIRITS INC

Borrower Address

3701 OLD RD W

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55431

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14825.00

Current Approval Amount

14825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431-1000

CD

MN-03

Jobs Reported

6

NAICS Code

445310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14825.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14926.30

Forgiveness Date

01/07/2021

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