PPP Loan information for Palacios enterprise inc

$71,080

Palacios enterprise inc was initially approved for PPP Loan of amount $71,080, the current approved amount is $71,080. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 8 jobs and $71,080 was used to fund payroll.

Palacios enterprise inc is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Palacios enterprise inc

PALACIOS ENTERPRISE INC

Date Approved

02/25/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PALACIOS ENTERPRISE INC

Borrower Address

7706 Loughborough Pl

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-6327

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71080.00

Current Approval Amount

71080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-6327

CD

MD-04

Jobs Reported

8

NAICS Code

238310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71078.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71662.27

Forgiveness Date

12/23/2021

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